Nubank announces Michael Rihani as new head of crypto

São Paulo, September 26, 2025 – Nubank, one of the world’s largest digital financial services platforms, announces the hiring of Michael Rihani as its new Head of Crypto. With over 15 years of experience, Rihani is a product leader and entrepreneur with expertise in creating and scaling consumer financial products globally.

Rihani will be dedicated to driving the growth and development of Nubank Crypto, a platform that allows users to buy, sell, and store crypto assets directly within the Nubank app, which has reached 6.6 million users. He will report to Thomaz Fortes, executive director of the crypto and digital assets area at Nubank.

“I’m dedicating the rest of my career to bitcoin and improving the world’s financial system. If you want to build something new and impactful, there is no better place than Nubank. Nubank Crypto has become one of the most competitive options on the market, and it’s a privilege to work with a team ready to redefine the future of money,” the executive states.

Rihani has held leadership positions at companies such as Coinbase, where he served as Director of Product and led the transfers, payments, debit card, and credit card businesses. Before that, he worked at Cash App and also contributed to major technology platforms like Tesla, where he collaborated with Elon Musk on integrating bitcoin payments on the company’s website. At Apple, he played a fundamental role in projects such as Apple Pay on the Web, Apple Card, and Apple Cash.