Brazil's Nubank appoints former Meta executive to board
Reuters
Published Mar 06, 2023 10:29AM ET
(Reuters) - Brazilian digital lender Nubank said on Monday it had expanded its board to add David Marcus, former digital wallet executive at Meta Platforms Inc (NASDAQ:META).
Marcus, 49, who headed payments and cryptocurrency operations at Meta, left the social media company at the end of 2021 to launch a crypto-focused startup, Lightspark.
Prior to Meta, he was the president at digital payments company PayPal Holdings Inc (NASDAQ:PYPL) for more than two years.
Nubank is one of the most popular financial technology platforms in Latin America, with around 75 million customers across Brazil, Mexico and Colombia.
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Written By: Reuters
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