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Tackling the complex banking system to empower people in one of the world's most bureaucratic markets seems like a crazy idea, right? But that's why, how, and where Nubank was born. We fight complexity through our transparent and straightforward products and experiences: a no-fee credit card, a rewards program, a lending platform, and a digital savings account. In a nutshell, we are the most innovative tech company in Latin America, and we are obsessed with building financial services and products that make our customers love us fanatically. With operations in Brazil, Mexico, and Colombia, we are today the largest independent digital bank in the world, reinventing over 30 million customers' financial lives.
"Our fight is against the complexity that banks love so much. While they use bureaucracy to hold people hostage, we use simplicity to set them free." - David Veléz, Founder and CEO.
Nubank achieved this by offering a no-fee credit card, entirely managed by a mobile app and currently used by 15 million people, and a digital account, free of taxes, held by more than 26 million Brazilians. Nubank also offers transparent and hassle-free personal loans, a benefits program with points that don't expire, and a business account tailored for SMBs. In 2020, Nubank acquired digital broker Easynvest and became the leader in self-directed digital investments in Brazil.
"It's about people. It's about finally giving them back control over their own money, and freeing them from traditional financial institutions which have always used complexity as a smokescreen." - Cristina Junqueira, Co-Founder.
Throughout the years, Nubank raised over US$1 billion with some of the best-known growth and technology investors in the world, such as TCV, Sequoia Capital, Kaszek Ventures, Tiger Global Management, QED, Founders Fund, DST Global, Redpoint Ventures, Ribbit Capital, Dragoneer Investment Group, Thrive Capital and Tencent.
Nubank was elected by Forbes magazine as the best bank in Brazil -- and one of the best in the world -- for two years in a row, 2019 and 2020. Fast Company magazine named Nubank the most innovative company in Latin America and as the most valuable challenger bank by CBInsights.
Today, Nubank is a global company, with offices in São Paulo (Brazil), Mexico City (Mexico), Buenos Aires (Argentina), Bogotá (Colombia), and Berlin (Germany). It was founded in 2013 in Sao Paulo, by Colombian David Vélez, and cofounded by Brazilian Cristina Junqueira and American Edward Wible.
Challenging the status quo to create a new generation of financial services in Latin America requires building teams composed of the most creative professionals. We are a process-light organization that values human interactions. We love working in independent teams that feel like small startups within the company. We understand that execution is the key to success and optimize processes to remove bottlenecks.
Nubank is growing fast, we are always looking for unique multipliers that bring new perspectives to work while partnering with different teams to upskill our craft.