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Tag: David Velez

Fighting cash: Nubank seeks partners in Mexico

Nubank has revolutionized digital banking, attracting millions of clients online and expanding its financial services across Latin America through virtual platforms. Yet, in Mexico’s...

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Brazil’s Nubank reaches 1 million accounts in Mexico

One million people in Mexico opened a Nubank savings account by June, just about a month after the digital bank rolled out its second...

Nubank shares up 10% as neobank reports record revenue in Q1

Shares of digital bank Nubank opened up 10% on May 16, following the release of its first-quarter results, which saw the Brazilian lender book...

Nubank launches its own Nucoin cryptocurrency to 70 million customers

Nubank officially launched Nucoin this month as part of a loyalty program defined as “revolutionary.” The Brazilian neobank, backed by heavyweight investors such as...

Nubank’s shares jump as neobank pivots to monetization in Brazil

Nubank‘s shares rose higher on Feb. 15 in US markets, opening at a 4% increase as investors responded to the fintech’s fourth-quarter results. The...

Fintechs in Brazil take cautious approach to lending as delinquencies rise

Large fintechs in Brazil are taking a cautious approach to credit, despite its potential to generate more significant income, in the face of rising...

Nubank takes on LatAm expansion with $150-million loan from IFC

Last year’s rise in interest rates led many fintechs to moderate growth prospects. A demand for profits emerged among investors. But that is...

Joshua Kushner’s Thrive Capital leads $20M investment in Brazilian healthcare startup Pipo Saude

Pipo Saude, a startup that developed a platform that sells and manages healthcare benefits for Brazilian companies, has raised $20 million in a...

Extra Crunch roundup: TC Mobility recaps, Nubank EC-1, farewell to browser cookies

What, exactly, are investors looking for? Early-stage founders, usually first-timers, often tie themselves in knots as they try to project the qualities they hope...

How contrarian hires and a pitch deck started Nubank’s $30 billion fintech empire

For most startups, the hardest early challenge is identifying a market and a product to serve it. That wasn’t the case for Nubank...

One woman’s drive to make a neobank as magical as Disney

As we mentioned in part 1 of this EC-1, David Velez had two key co-founding roles he needed to fill to get started...

How Nubank’s CX strategy made it one of the most loved digital banks

As we saw in parts 1 and 2 of this EC-1, by mid-2013, Nubank CEO David Velez had most of what he needed...

Which Nubank will own the financial revolution?

Nubank’s first office, on California Street in the Brooklin neighborhood of São Paulo, makes for a great beginning to the company’s story. It...

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