Nubank announces Guilherme Espallargas as the new leader of the investment business unit

São Paulo, February 24, 2023 – Nubank, one of the world’s largest digital financial services platforms, announces Guilherme Espallargas as its new leader in the investment area. At the company since 2017, the executive has acquired extensive experience in this trajectory, where he led the credit card teams and the development of NuPay, an online payment solution for Nubank customers.

As head of the investment area, Espallargas will lead one of the fastest-growing business units at Nubank. The company ended the fourth quarter of 2022 with more than 7 million active investor clients and continues to diversify investment options in the Nubank app, with fixed income alternatives – such as pre and post-fixed CDBs -, different investment funds, variable income assets (real estate funds, stocks, BDRs, and ETFs), in addition to recently making Tesouro Direto securities available. In the app, Nubank customers can also use Caixinhas (Money Boxes), an organization and financial planning resource with different investment options.

“After five years of helping Nubank remove complexity from our customers’ lives with innovative credit and payments products, I am now proud to be able to contribute with the same purpose in the investment world. We want to continue bringing the transformative impact of investments to the life of an increasing number of people”, says Guilherme Espallargas.

The new leader of Nubank’s investment area replaces Fernando Miranda, who had been in the position for about two and a half years and decided to leave the company for new challenges.