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Nubank was founded in 2013 by Colombian David Vélez, Brazilian Cristina Junqueira and American Edward Wible. The first transaction with a Nubank card was made on April 1, 2014. Four years later, Nubank became a unicorn startup with its valuation of US$1 billion. [4] In the company's first two years of existence, it raised 600 million Brazilian ...
An interchange fee is a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank").
Cristina Junqueira (born September 1982) is a Brazilian businesswoman who is the co-founder of Nubank. [1] With a background in engineering, she transitioned from management consulting to supervising a credit card portfolio at a major Brazilian bank.