Berkshire Hathaway, owned by Warren Buffett, acquires a 2.3% stake in growing Brazilian digital bank Nu Holdings.
Berkshire Hathaway, owned by Warren Buffett, has a 2.3% stake in Nu Holdings (NU), a Brazilian digital bank that could see significant growth in 2024. Nu serves 93.9 million customers in Brazil, Mexico, and Colombia, making it the fifth-largest financial institution in Latin America. Their online-only banking model has seen customer growth from 54 million in 2021 to 93.9 million by the end of 2023.
April 20, 2024
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