# IRIS answer

> who founded Nubank

**Nubank** (Brazil, São Paulo, founded 2013): A branchless digital bank offering cards, accounts, loans and investments through a mobile app to customers in Brazil, Mexico and Colombia.
Founders: David Vélez (Founder and global CEO), Cristina Junqueira (Co-founder), Edward Wible (Co-founder).
- Reported Q2 2026 net income of $1.1 billion, its first quarter above $1 billion, with 139 million customers worldwide. (Nu Holdings (company release), 2026-08-13) https://international.nubank.com.br/en/newsroom/company/nu-holdings-ltd-reports-second-quarter-2026-financial-results
- Launched its bank in Mexico, which the CEO said made it the country's largest digital bank with 16 million customers. (Nu Holdings (company release), 2026-08) https://international.nubank.com.br/en/newsroom/company/nu-holdings-ltd-reports-second-quarter-2026-financial-results
In their words: “a bank built on technology, with no branches and no legacy to defend, could serve hundreds of millions of people better, and at a fraction of the cost.”, David Vélez, Nu Holdings Q2 2026 results release, 2026-08-13. https://international.nubank.com.br/en/newsroom/company/nu-holdings-ltd-reports-second-quarter-2026-financial-results
Verified by IRIS on 2026-11-13: https://iris-media.xyz/startups/nubank

## Sources
- [Reported Q2 2026 net income of $1.1 billion, its first quarter above $1 billion, with 139 million customers worldwide.](https://international.nubank.com.br/en/newsroom/company/nu-holdings-ltd-reports-second-quarter-2026-financial-results) · Nu Holdings (company release), 2026-08-13
- [Launched its bank in Mexico, which the CEO said made it the country's largest digital bank with 16 million customers.](https://international.nubank.com.br/en/newsroom/company/nu-holdings-ltd-reports-second-quarter-2026-financial-results) · Nu Holdings (company release), 2026-08
- [Quote: David Vélez](https://international.nubank.com.br/en/newsroom/company/nu-holdings-ltd-reports-second-quarter-2026-financial-results) · Nu Holdings Q2 2026 results release, 2026-08-13

## Cite as
Nubank profile, IRIS Startup Atlas. IRIS (iris-media.xyz), 2026-11-13. https://iris-media.xyz/startups/nubank