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David Vélez

David Vélez

Colombian founder and CEO of Nubank

2 October 1981 Colombia Verified by our editors
Age
45 yrs
Birthday in 331 days
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David Vélez is a Colombian entrepreneur who founded Nubank in São Paulo in 2013 after struggling to open a bank account in Brazil. Nubank became one of the world’s largest digital banks, with over 100 million customers in Latin America.

Biography

Background

Vélez grew up in Colombia and Costa Rica and studied engineering at Stanford, where he also earned an MBA. He worked at Morgan Stanley and General Atlantic, then Sequoia Capital.

Founding Nubank

Sent to Brazil by Sequoia, he found banking slow and costly. In 2013 he co-founded Nubank with Cristina Junqueira and Edward Wible, starting with a no-fee purple credit card.

Growth

Nubank added accounts, loans and investments and expanded to Mexico and Colombia. It listed on the New York Stock Exchange in 2021.

Giving

He and his wife Mariel signed the Giving Pledge.

Timeline

  1. 1981

    Born in Medellín, Colombia

  2. 2013

    Founds Nubank

  3. 2014

    Purple credit card launched

  4. 2019

    Expands to Mexico

  5. 2021

    NYSE listing

  6. 2023

    Nubank turns profitable

Did you know?

  1. 1

    Nubank’s purple card is a familiar sight in Brazil.

  2. 2

    Nubank bought Cognitect, the company behind Clojure.

  3. 3

    He started Nubank in a small house in São Paulo.

Connections

Frequently asked

Who is David Vélez?

David Vélez is a Colombian entrepreneur who founded Nubank in São Paulo in 2013 after struggling to open a bank account in Brazil. Nubank became one of the world’s largest digital banks, with over 100 million customers in Latin America.

How old is David Vélez?

David Vélez is 45 years old, born on 2 October 1981 in Medellín, Colombia.

Where is David Vélez from?

David Vélez was born in Medellín, Colombia.

What is David Vélez known for?

David Vélez is best known for Founding Nubank (2013); digital banking in Brazil, Mexico and Colombia.

References

  1. David Vélez — Wikipedia. Wikipedia. Retrieved 4 November 2026.
  2. David Vélez (Q60999523) — structured data. Wikidata. Retrieved 4 November 2026.

Includes material from the Wikipedia article “David Vélez”, licensed under CC BY-SA 4.0. That text is available under the same licence. Learn more

External links

About this profile

Cite this page

“David Vélez.” TrackFame, last updated 4 November 2026. https://trackfame.com/person/david-velez

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