Vélez is co-founder and CEO of Nubank, a Sao-Paulo-based digital bank that offers credit cards, checking accounts, and life insurance. Founded in 2013, Nubank has a $25 billion valuation and 35 million customers in Brazil, Mexico, and Colombia. Vélez started Nubank after seeing that five Brazilian banks controlled 80% of the market and charged high fees for basic financial products.
Before Nubank, he did stints in investment banking at Morgan Stanley, private equity at General Atlantic, and venture capital at Sequoia. Vélez was born in Medellin, Colombia. He and his family fled to Costa Rica when he was nine to escape the violence caused by warring drug cartels.
Vélez received his Master of Business Administration from Stanford Graduate School of Business and a Bachelor of Science in engineering from Stanford University.
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Please Note: All American Speakers Bureau is a full-service talent booking agency providing information on booking David Vélez for speaking engagements, personal appearances and corporate events. Contact an All American Speakers Bureau booking agent for more information on David Vélez speaking fees, availability, speech topics and cost to hire for your next live or virtual event.
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