HIGHLIGHTS: David Vélez - CEO of Nubank

Hi everybody, tune in to this short version of the podcast, which we do every Friday. For the long version, tune in on Wednesdays. Hi everyone, I'm Nikola Tanyan, the CEO of the Norwegian So on Wealth Fund, and today I'm joined by a true fintech pioneer who has transformed banking in Latin America. David Veles 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, Nubank 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, take us back to the beginning. Like how did your upbringing shape what you are 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. Uh, I'm really from Colombia. Grew up in a in a family where uh 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? Yeah, so uh the understanding was that you had to go and build your own thing.

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