SAO PAULO, Oct 29 (Reuters) - Brazilian digital lender

Nubank said on Tuesday it will start to offer a mobile

phone service to its customers in Brazil in the coming months,

expanding its operations beyond financial services.

WHY IT'S IMPORTANT

Nubank, which is backed by Warren Buffett, is one of the

largest digital lenders in the world.

It is listed on the New York Stock Exchange and worth more

than $70 billion. The fintech reported over 104 million

customers throughout Brazil, Mexico and Colombia by the end of

June, with more than 95 million of them in Brazil.

KEY QUOTE

Nubank said in a statement that the mobile phone service was

"designed to transform customer experience and expand the

company's portfolio beyond financial services."

BY THE NUMBERS

Nubank said it will initially offer three monthly plans for

its mobile service, charging from 45 reais ($7.80) to 75 reais

($13.00). Customers would pay for the service through the bank's

credit cards, it added.

The telecom service, which Nubank named NuCel, will cover

93% of the Brazilian territory, and will use the infrastructure

provided by Mexican telecom America Movil's Claro.

($1 = 5.7570 reais)

(Reporting by Alberto Alerigi Jr and Andre Romani in Sao Paulo;

Editing by Emelia Sithole-Matarise)