Nubank Colombia Rises to Fifth-Largest Bank in 18 Months

2026-03-12 - 18:33

Key Points — David Vélez, founder of Nu Holdings, was named Colombia’s Entrepreneur of the Year as Nubank reached the fifth position in savings deposits with COP$5.6 trillion ($1.3 billion) and 5.75% market share — the only digital-only bank in the country’s top ten, achieved in just 18 months of savings operations. — Nu Holdings