David Velez's Biography

David Vélez Osorno is a renowned Colombian entrepreneur best known as the co-founder and CEO of Nubank, Latin America's largest neobank. Born on April 10, 1982, Vélez has been instrumental in revolutionizing financial services in Brazil and across Latin America. After earning his MBA from Stanford University, Vélez identified the lack of consumer-friendly banking options in Brazil and launched Nubank in 2013. Under his leadership, Nubank has grown exponentially, serving millions of customers and attracting significant investment from global venture capitalists. Vélez’s vision was to simplify banking, making it more transparent, accessible, and affordable. His innovative approach has won him numerous accolades, including being named to Forbes' 30 Under 30 and TIME's 100 Most Influential People. Despite facing challenges, such as criticism over diversity practices, Vélez has maintained a strong commitment to social impact and technology-driven change. His net worth has soared alongside Nubank's valuation, making him one of Latin America’s youngest billionaires. Outside of business, Vélez enjoys reading, traveling, and mentoring aspiring entrepreneurs. Through Nubank and his personal initiatives, David Vélez continues to shape the future of banking in emerging markets, solidifying his place as a transformative leader in global finance.