David Vélez: Building Nubank, Transforming Banking Across Latin America, and Serving Millions of Users

Hi everyone, I'm Nikola Tangen, the CEO of the Norwegian Soan Wealth Fund, and today I'm joined by a true fintech pioneer who has transformed banking in Latin America. David Vellis is the co-founder and CEO of Nubank, one of the world's largest digital banks, serving something like nearly 120 million customers. in Brazil, Mexico and Colombia. And under David's leadership, NewBank has grown from a startup to one of the most valuable banks in the region. So David, a warm welcome.

Thank you, Nikolai. It's a pleasure to be here with you. Now um take us uh uh take us back to the beginning. Like how did your upbringing shape what you're doing now?

Sure. So uh I don't come from a family of bankers at all, but I do come from a family of entrepreneurs. I'm originally from Colombia. Grew up in a in a family where my dad had 11 siblings, my dad had my mom had five, and they were all microentrepreneurs, they all had their own business, my dad as well. So what did you guys talk about around the dinner table?

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