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Brazil´s Largest Fintech Nubank to Fund Education of Black People After Backlash

RIO DE JANEIRO, BRAZIL - Founders of São Paulo-based Nubank, Brazil´s biggest fintech, said on Thursday, November 12th, in a letter that the company will fund the teaching of programming skills to 1,250 Black people.

The move comes after strong criticism from Nubank’s clients as its co-founder Cristina Junqueira made a controversial comment in a recent TV interview saying the fintech could not “lower its standards” to increase . . .

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