Nubank, located in Brazil, is the largest Latin American bank of its kind. Buffett’s Berkshire Hathaway also purchased a sizable $500 million stake in the then-private bank last summer. At the time, this was the largest investment in any fintech bank to date.
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Despite Harsh Critique, Buffett Dives Deeper Into Crypto Space
Warren Buffett, who has historically been a very vocal critic of cryptocurrency, bought $1 billion of stock in Nubank, which deals primarily in digital currencies. So reports Fortune.
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