Colossus@colossusmag10h ago

David Vélez is the founder of Nubank, a bank with 140 million customers and a market capitalization of $60 billion. When he started the business in 2013, no one thought it would work, not even his investors. He has faced down regulators, oligopolies, and corruption to build Latin America's largest digital bank. Now he is bringing Nubank to the United States, where he faces his biggest challenge yet. @gabi_imarques, who grew up four miles from Nubank's headquarters in Brazil, spent time with @velez_david in São Paulo, where the business started, and in Miami, its latest beachhead. She profiles a man who is no stranger to a fight, having grown up in Medellín, Colombia, when the city was at war with Pablo Escobar. Six-year-old Vélez would pull on layers of sweaters before stepping outside, hoping, as a child might, that the extra padding would cushion any bullets. https://t.co/FPVkUqh011