In this engaging discussion, David Vélez, the Founder and CEO of Nubank, shares his unique journey from Colombia to revolutionizing Brazil's banking system. Alongside co-founder Cristina Junqueira and Sequoia Capital's Doug Leone, they detail their battle against a banking oligopoly that imposed high fees on customers. Their story of resilience and innovation reveals how Nubank transformed the financial landscape with a strong focus on ethics and customer care, achieving over 100 million users and marking a significant milestone in fintech.

David Vélez, co-founder and CEO of Nubank, discusses his journey to revolutionize banking in Latin America. He shares how Nubank broke the monopoly of traditional banks in Brazil, saving customers billions. Despite lacking retail banking experience, Vélez's focus on technology and consumer needs led to extraordinary growth, now serving over 114 million. He emphasizes their customer-centric approach and discusses how AI will shape Nubank’s future, making banking more accessible and affordable for everyone.

In this engaging discussion, David Vélez, co-founder and CEO of Nubank, shares insights from leading a $50 billion digital bank in Brazil. He reveals how Nubank's market cap surged over 40% in just eight months. The conversation dives into why some investors remain optimistic about Latin America, despite challenges, and highlights resilient startups that offer lessons for other regions. Vélez also discusses the transformative potential of AI in improving access to financial services, underscoring the role of technology in overcoming investment hurdles.

David Vélez, co-founder and CEO of Nubank, a pioneer in Latin American digital banking, shares his insights on the region's unique fintech landscape. He discusses Nubank's journey to profitability despite economic challenges and highlights how Latin American founders differ from their U.S. counterparts. The conversation touches on Brazil's innovative payment systems and their impact on financial inclusion. Vélez also examines the future of digital banking, emphasizing the resilience required in the Latino market and the potential for transformative growth.

David Vélez, founder and CEO of Nubank, shares insights from his journey in building the world’s largest digital bank with over 40 million customers. He discusses the transition from venture capital to entrepreneurship in Latin America, emphasizing the unique challenges and opportunities of a branchless banking model. David also reflects on leadership lessons from Nubank's early days and the importance of adapting to market dynamics in emerging economies. The conversation dives into innovative customer acquisition strategies and the evolving landscape of rewards programs in banking.