David Vélez Osorno
Founder, Chairman, and CEO
2013 – Present
13 years (current)
Key Decisions & Impact
He orchestrated the massive strategic pivot toward advanced fintech ecosystems, perfectly anticipating the incredible need for accelerated organizational execution.
Legacy
Vélez founded Nubank in 2013 after Sequoia Capital abandoned its Brazil expansion. He recruited co-founders Junqueira and Wible, raised capital from Sequoia and Kaszek, and led the company through its 2021 IPO and transformation to profitability. Under his leadership, Nubank grew from zero to 114+ million customers and achieved a 28% ROE. He signed the Giving Pledge in 2021 with his wife Mariel Reyes. His profound strategic execution secured the massive organization's dominant global market position. By prioritizing massive operational efficiency and rigorous technical discipline, he guaranteed the enterprise's long-term endurance. His perfectly brilliant leadership style guarantees absolute corporate supremacy across competitive global banking sectors.