Velez “To stop growing would be a big strategic mistake for Nubank”
At a time when several technology companies are putting their foot on the brakes in search of profitability, Nubank has decided that it will not sacrifice its growth. In an interview with Bottom Line, the CEO of Nubank stated that slowing down “would be a big strategic mistake”. “We have to know how to balance. We are already able to generate billionaire profits today if we want to, but we are thinking about the next 10 and 20 years”, said Vélez.
The main path of growth currently and which is bringing stronger results than Brazil – is Mexico. According to the executive, the North American country has the potential to be the largest fintech market.