Future Of Finance: Nubank’s Vélez Discusses Fintech’s Rise In Emerging Markets And How Brazil Is 5 Years Ahead Of The U.s.

David Vélez is the founder of Nubank, a FinTech company in Latin America that has grown to 35 million customers and a $25 billion valuation. Vélez is also the richest man in Colombia, worth an estimated $7 billion. Nubank is bullish on the potential of blockchain and launched Bitcoin and Ether trading last year, as well as its own cryptocurrency, Nucoin. Vélez began his career in private equity and venture capital, and was inspired to create Nubank after seeing the tedious process of opening a bank account in Brazil.