Nubank powered by Buffett reaches 70 million customers

Nubank powered by Buffett reaches 70 million customers

São Paulo (Reuters) – Latin America’s largest financial technology company said on Monday that Brazil’s Nubank has reached 70 million customers in its three operating countries.

The digital bank, backed by investors including Berkshire Hathaway (NYSE: NYSE) and Warren Buffett’s Softbank (OTC:) Group Corp., said it has 66.4 million customers in Brazil, its main market, up from 62.3 million at the end of June.

The fintech said Nubank users in Mexico had grown to 3.2 million users while adding 400,000 in Colombia.

The fintech company, which is one of the main proponents in Latin America of expanding access to the financial system, said that its investment services business in Brazil has exceeded 6 million active clients.

Nobank said the cryptocurrency exchange, which launched in July, had 1.8 million clients.

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