Tyler Horn to Join Nubank as Chief Credit Officer

São Paulo, August 5, 2024 – Nubank, the largest digital banking platform outside of Asia, announces the appointment of Tyler Horn as Chief Credit Officer (CCO), effective August 2024. With extensive experience in credit risk management within the financial services industry, Tyler will be responsible for overseeing and managing the credit risk function across the company globally, reporting directly to Henrique Fragelli, Chief Risk Officer (CRO).

Tyler brings to Nubank his experience serving as VP for Capital One Financial Corporation, the 4th largest credit card issuer and one of the ten largest banks in the United States. Over the last 12 years, he worked in various credit leadership roles, both in the first and second lines of defense. For the last three years, he led Credit Risk Management as the Divisional Credit Officer for the U.S. Card.

“We aim to redefine what it means to issue credit cards for customers and drive the market to be transparent and fair, all while being a benchmark of profitable business with principles. Tyler’s background and experience in managing the area for one of the largest American credit card issuers will be invaluable for Nubank as we continue to grow our portfolio,” says Henrique Fragelli.

Additionally, Diego Cerutti, our former Head of Credit, Marketing and Analytics (2017 to 2022), will work closely with Tyler as an advisor to further strengthen our risk and credit strategies. With more than 15 years of experience, Diego has worked for companies such as Capital One, 2nd Order Solutions, Wagestream and X1, where he has been Chief Credit Officer.