Nubank to hike Colombia investments by $160 million by 2025


FILE PHOTO: The logo of Nubank, a Brazilian FinTech startup, is pictured at the bank's headquarters in Sao Paulo, Brazil June 19, 2018. REUTERS/Paulo Whitaker

BOGOTA (Reuters) - Brazilian digital bank Nubank, Latin America's biggest fintech company, will invest up to a further 700 billion pesos ($159 million) in its Colombian operations by 2025, its financial director for Colombia said on Wednesday.

The additional sum, from the bank's own resources, will raise its investments in its third largest market behind Brazil and Mexico to 2 trillion pesos.

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