David Vélez - Building Nubank and the Future of Global Banking
Invest Like the Best with Patrick O'Shaughnessy
- Published
- October 13, 2026
- Duration
- 1h 11m
- Summary source
- description
- Last updated
- Oct 13, 2026
Discusses ai, investing.
Summary
David Vélez is the founder and CEO of Nubank, which serves 140 million customers across Latin America. David believes the industry is still in its Blockbuster era, with most of the world's banking still running through branches and incumbent banks, and that AI will make digital banks dramatically more efficient than the incumbents they compete with. He ex…
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Show notes
David Vélez is the founder and CEO of Nubank, which serves 140 million customers across Latin America. David believes the industry is still in its Blockbuster era, with most of the world's banking still running through branches and incumbent banks, and that AI will make digital banks dramatically more efficient than the incumbents they compete with. He explains how Nubank rebuilt its entire organization around AI after missing the moment the technology started working, and why he is now bringing
Themes
- ai
- investing