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Hello, and welcome back to Equity, the podcast about the business of startups, where we break down the numbers and nuances behind the headlines.
This is our interview programme, where we sit down with a guest, reflect on their work, and reveal the rest.
This week, we spoke to David Velez, co-founder and CEO of Nubank, the $50 billion São Paulo, Brazil-based digital bank that offers credit cards, checking accounts, and life insurance to consumers.
How Nubank managed to increase its market capitalization by more than 40% in eight months and achieve $1 billion in net profits for 2023. Why some investors are sticking with Latin America, and why it is a great place to keep investing money. Which startups in Latin America have been the most resilient and what other regions can learn from them.
