Cristina Junqueira, from Nubank, joins Forbes’ list of billionaires

Cristina Junqueira, from Nubank, joins Forbes’ list of billionaires

Cristina Junquera, co-founder of nubank (NU), you’ll end the year in the best way: joining the list as the newest Brazilian billionaire on Forbes magazine’s list. The new situation comes after the digital bank went public last week. After shares debuted on the New York Stock Exchange, Nubank shares rose 15%. In doing so, the company was valued at US$45 billion making Junqueira, 39, a billionaire. So, to find out more, check below!

Nubank co-founder Christina Junquera joins Forbes’ list of billionaires after fintech IPO

Thus, Cristina Junqueira’s participation rate in Nubank, today, is 2.9%. With its debut on the stock exchange, its total value is now $1.3 billion. CEO David Velez, 40, owns 23% of the company. His fortune is estimated at 10.2 billion dollars. According to Forbes, Cristina Junqueira is the second Brazilian self-made billionaire in the magazine’s world rankings. The first was Luisa Trajano of Luisa Magazine.

Nubank emerged as a financial technology, receiving eight rounds of investment and two additional extensions, with the participation of investment funds and venture capital firms. Its first card was launched in 2014, in the signature purple color, and as of 2018 the digital account has been launched. The following year, the company expanded its business to Mexico, and in 2020, reached Colombia.

Currently, Cristina Junqueira currently has more than 48 million customers in Brazil, Mexico and Colombia, with offices in Germany and the United States. The bank receives, on average, 2.1 million new customers per month.

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Photo: Nubank Blog.