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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 ...
David Vélez (born 1981) is a Colombian banker, engineer and entrepreneur.He is the chief executive officer and cofounder of the Brazilian fintech startup Nubank. [2]As per Forbes list of The Richest People In The World, dated 8 MARCH 2024 David Vélez ranked #199 with a net worth of $10.8 Billion.
By late 2023, Nubank had surpassed 90 million customers across Brazil, Mexico, and Colombia, cementing its status as one of the world’s largest and fastest-growing digital financial institutions. With a valuation of $23 billion, Nubank continues to expand its market share in Latin America, challenging industry giants like Itaú for dominance.
SAO PAULO (Reuters) -Nubank, one of the fastest-growing digital lenders in the world, plans to announce an expansion this year after sweeping through its home market Brazil as well as Mexico and ...