FinTech Magazine June 2025 | Page 70

DAVID VÉLEZ

EIGHT KEY FACTS

• Born in Medellín, Colombia in 1982, fled to Costa Rica at age nine.
• Graduated as valedictorian from German-language prep school before attending Stanford University.
• Earned Bachelor’ s in Management Science and Engineering plus MBA from Stanford.
• Worked at Morgan Stanley, Goldman Sachs, and General Atlantic before Sequoia Capital.
• Co-founded Nubank in 2013 with Cristina Junqueira and Edward Wible.
• Nubank’ s first product: no-fee credit card managed entirely through mobile app.
• Nubank reached 70 million customers by 2022, valued at US $ 45bn.
• Pledged with wife Maria to donate majority of US $ 6bn fortune to philanthropy.