Estimated reading time: 0 minutes, 21 seconds

Buffet's Berkshire Hathaway Makes Foreign Fintech Play

Monday, Jan 07 2019
News
Written by  FinTech Brief Staff

Bucking tradition, Berkshire Hathaway recently invested approximately $600 million in two emerging foreign Fintech companies, StoneCo and Paytm. So reports CNBC.

The companies, India's biggest mobile payment service and a Brazilian pay processor, respectively, both "dominate" their market. The investments came at the direction of Todd Combs, who has a background in payments. He will sit on the Paytm board in the wake of Berkshire's investment.

Read the full article from CNBC.

Read 3141 times
Rate this item
(0 votes)
More in this category: « Tissue Analytics Announces Rafael Mazuz as New Independent Board Member Commerce Bank to Offer Training, Networking in Fintech Partnership »

Visit other PMG Sites:
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline