# David Vélez

> David Vélez is co-founder and CEO of Nubank (Nu Holdings), one of the world's largest digital banks by customers.

Source: https://www.neobank.wiki/david-velez
Last updated: 2026-08-12
Categories: Financial technology, Fintech founders, People in fintech, Neobank founders

**David Vélez** is co-founder and chief executive officer of [Nubank](/nubank). A Colombian entrepreneur and former Sequoia Capital investor, he co-founded Nubank in São Paulo in 2013.[^fn1]

## Career

Vélez moved to Brazil after seeing how concentrated, high-fee banking limited access across Latin America. With [Cristina Junqueira](/cristina-junqueira) and Edward Wible he launched a no-fee purple credit card managed by app, later expanding into NuConta, lending and a multi-country NYSE-listed franchise.

## Nubank

David Vélez is principally associated with [Nubank](/nubank). See that article for products, licensing and market context.

## External links

- [Nubank official website](https://nubank.com.br/)

## Infobox

- **Occupation**: Fintech founder
- **Known for**: Nubank CEO / co-founder
- **Company**: [Nubank](/nubank)
- **Founded company**: 2013
- **Associated HQ**: São Paulo, Brazil

## Frequently asked questions

### What is David Vélez?

David Vélez is co-founder and CEO of Nubank (Nu Holdings), one of the world's largest digital banks by customers.


## References

[^fn1]: David Vélez is a founder of Nubank, covered on neobank.wiki. - https://nubank.com.br/