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Brazil’s Nubank valued at nearly $52 billion in NYSE debut -Breaking

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© Reuters. David Velez, Founder and CEO of Nubank, a Brazilian FinTech startup, provides an interview on the ground of the New York Inventory Alternate (NYSE) in New York Metropolis, U.S., December 9, 2021. REUTERS/Brendan McDermid

(Reuters) – Brazilian digital lender Nubank’s shares opened 25% above their supply worth of their inventory market debut on Thursday, giving the corporate a valuation of practically $52 billion.

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