David Velez, founder and CEO of decacorn Nubnk, discusses the origins and growth story of his company - which now reaches over 12 million customers and is expanding from Brazil into Argentina and Mexico.
David Vélez: Nubank is a leading financial technology company in Latin America. I co-founded the company in May 2013 with Edward Wible and Cristina Junqueira. Our first product, which launched in 2014, is a no-fee credit card that is fully managed by a mobile app. We have over 12 million users and have since expanded the product range to digital savings accounts, personal loans and recently, a digital business account for SMEs. This year, the company took its first steps into international expansion, opening offices in Mexico and Argentina.