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Event Brief

Billionaires Launch Nonprofit to Boost Brazilian Businesses

Founders of Nubank, Stone, and XP Investimentos start B55 to aid Brazil's small and mid-sized businesses.
WHO: David Vélez, André Street, Guilherme Benchimol
WHAT: Launch of nonprofit institute B55
WHEN: Feb 11, 2026 at 6:50 AM ET
WHERE: Brazil
WHY: To unlock growth potential of stagnating small and mid-sized businesses
Sources (1): Rio Times

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