These 12 New Billionaires Are Riding Fintech's Rising Tide
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Afterpay co-CEO Nick Molnar went from selling jewelry on Ebay to leading a $22 billion buy-now, pay-later company.
Afterpay
Thanks to pandemic-driven changes in the way people save, invest and pay, more than a dozen fintech billionaires have been minted over the past year. They’re founders of everything from stock trading apps to back-end payments technology. Here are 12 notable newcomers to the fintech billionaire ranks.
David Vé
Nubank • $5.2 billion
Vélez cofounded digital bank Nubank in 2013, taking aim at Brazilian banks’ poor customer service and high fees. The São Paulo startup has since amassed 35 million customers in Brazil, Mexico and Colombia, and it has a $25 billion valuation, making it the most valuable neobank in the world. Vélez has a 23% stake.