Investing City

Investing City

Share this post

Investing City
Investing City
Weekly Update Jan 22-26
Copy link
Facebook
Email
Notes
More

Weekly Update Jan 22-26

Ryan Reeves
Jan 26, 2024
∙ Paid

Share this post

Investing City
Investing City
Weekly Update Jan 22-26
Copy link
Facebook
Email
Notes
More
Share

Let’s get right into it!

Nu

This week, Nu promoted its Brazil manager to CEO of Brazil, freeing up co-founder, Cristina Junqueira, to focus on Mexico and Colombia. Here is the important section from the press release:

Nubank’s co-founder and Chief Growth Officer, Cristina Junqueira, remains responsible for the company’s overall growth, with a redoubled focus on international expansion, particularly around scaling the company’s Mexican operation, which already reached 4.3 million of customers, as well as in from Colombia, where Nu has just obtained its license to operate as a regulated financial institution.

Ms. Junqueira is a force to be reckoned with. Watch out Mexico and Colombia! This is great news as the company starts to get really serious about ramping up these two geographies. Hopefully, they can replicate the same sort of success they had in Brazil.

Second, David Velez, CEO and co-founder, was named one of the top 5 CEOs in the world by The Economist. His fellow winners included Nvidia’s Jensen Huang and Mark Zuckerberg. Not bad company.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Ryan Reeves
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More