The world’s second-most valuable digital bank Nubank begins its IPO process in the U.S.
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on June 9, 2021. - Nubank announced on June 8, 2021 that the investment company of US magnate Warren Buffett, Berkshire Hathaway Inc , has bought a 500 million dollar stake in the digital bank, capital that will be invested in its expansion. to propose an initial public offering. After the SEC completes the review of the draft IPO, the company is expected to go public in the U.S. by the beginning of 2022.
With just $1 million in seed capital raised eight years ago from Vélez’s former employer Sequoia Capital, Nubank has grown into a powerhouse. The company’s revenue for the first half of 2021 is more than $716 million, and has a
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