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Fintech Funding: $1.3B raised by 2 Brazilian neobanks

Berkshire Hathaway pumps $1B into Brazilian Nubank

Loraine LawsonbyLoraine Lawson
February 18, 2022
in All Posts
Reading Time: 3 mins read
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Sao Paulo, Brazil-based challenger bank Nubank announced Wednesday that it has received a post-initial public offering (IPO) infusion of $1 billion from Berkshire Hathaway, which is owned by Warren Buffett. The equity funding was disclosed in a 13F filing with the U.S. Securities and Exchange Commission. It brings the total funding for Nubank to $3.3 […]

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