Medellin Native David Velez to Invest US$1.58 Billion in Colombia, Calls for End to Usury Cap
David Velez, the Medellin-born founder and CEO of Nubank, plans to invest approximately US$1.58 billion in Colombia between 2026 and 2030 as the digital bank expands its presence in the country. Velez announced the investment alongside Nu Colombia General Manager Marcela Torres and Colombia Fintech President Gabriel Santos, saying the company intends to remain in […]
We haven't written up this one. Colombia One has the full story — the link below goes straight to it.
