CEO Of Brazil’s Nubank On Pending US Market Entry, Trump, AI: Interview

Nubank CEO David Velez, whose massive Brazil-based digital bank is on the verge of entering the prized US market, hailed a “positive” regulatory climate under President Donald Trump in an interview with AFP. Promising to free users from banking bureaucracy, the company — which has 131 million clients in Brazil, Mexico and Colombia — has become one of the most valuable firms in the region. In 2025 it posted record revenues of $16.3 billion, a 45 percent increase from the previous year.