Brazilian Nubank Secures $750 million Series G Round Led By Berkshire Hathaway

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Brazilian digital bank Nubank has raised $750 million in Series G funding round led by Warren Buffet’s Berkshire Hathaway, bringing the total funds raised to over $1.15 billion and valuing the fintech at ~30 bilion, making it one of the most valuable Latin American fintech startups. The current round also witnessed participation of Sands Capital, Canada Pension Plan Investment Board, MSA Capital and Advent’s Sunley House Capital.

Founded in 2013 by Adam Edward Wible, Cristina Junqueira and David Velez, São Paulo based Nubank is a digital bank that offers digital credit cards, transfers, and payments.

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