What a difference a year makes.
When Euromoney spoke to Nubank’s CEO and co-founder David Vélez a year ago, he was quick to express his preference for the greater control and lower accountability that comes with private ownership.
“I think we’ll do an IPO, but we don’t want to be distracted and we are not going to be rushed into a decision when we’re not ready,” he told us in January. “If it were up to me, we would be private forever.
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