David Vélez

David Vélez, founder and CEO of Nubank, shares his inspiring journey transforming banking across Latin America. He reveals his personal frustrations with traditional banking, sparking the idea for Nubank. The conversation dives into Nubank's unique branding, customer obsession, and viral growth strategies, including the innovative use of waiting lists. Vélez discusses the societal responsibility of banks and how Nubank is expanding its impact across countries. His insights on leadership and fostering a mission-driven culture provide valuable lessons for aspiring entrepreneurs.

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, founder and CEO of Nubank, discusses his journey of transforming banking in Latin America. He highlights how his entrepreneurial upbringing shaped his vision for a customer-centric bank. Vélez shares insights into Nubank's rapid customer adoption and strong loyalty driven by superior value and approachable branding. He explores the challenges of scaling and the excitement of digitalizing financial services, as well as his mission to bridge the financial inclusion gap across the region.

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.

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.