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David Vélez, a Colombian entrepreneur, founded Nubank in 2013 after experiencing the difficulties of traditional banking in Brazil. His innovative digital bank quickly gained popularity, launching a no-fee credit card that attracted thousands of customers, leading to a valuation of over $1 billion by 2018 and a debut on the New York Stock Exchange in 2021. Despite his wealth, Vélez focuses on democratizing access to financial services across Latin America.

Author

paholser25

Language

EN