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Home BUSINESS

Nubank to Establish New Headquarters in Abu Dhabi Marking Expansion into Middle East and Asia Markets

Editorial Team by Editorial Team
April 8, 2026
in BUSINESS
Reading Time: 2 mins read
0

Abu Dhabi Crown Prince Meets Nubank CEO to Explore Regional Expansion and Investment

ABU DHABI, 7th April, 2026 – H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with David Vélez, Founder and CEO of Nubank, the leading São Paulo-based digital banking and financial services corporation.

The meeting focused on the investment opportunities offered by Abu Dhabi and the UAE, aimed at enabling global banking and financial institutions to expand into markets across Asia and the Middle East and North Africa (MENA) region.

Nubank is preparing to establish its new headquarters at Abu Dhabi Global Market (ADGM). This move will involve collaboration with leading investment, economic, and financial institutions, including the integrated digital banking platform Wio Bank.

As the largest digital bank in Latin America and one of the largest worldwide, Nubank, founded in Brazil in 2013, now manages assets exceeding US$78 billion. The bank serves more than 100 million customers spanning Brazil, Mexico, Colombia, Uruguay, the United States, and Germany.

The meeting was also attended by key Abu Dhabi officials, including Jassem Al Zaabi, Chairman of the Department of Finance; Ahmed Jasem Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development; Saif Saeed Ghobash, Secretary-General of the Abu Dhabi Executive Council and Chairman of the Office of the Crown Prince; and Badr Saleem Sultan Al-Olama, Director-General of Abu Dhabi Investment Office.

Representing Nubank were Roberto Campos Neto, Vice-Chairman and Global Head of Public Policy at Nubank, and Guilherme Lago, Chief Financial Officer of Nu Holdings Ltd. (Nubank) and Chairman of the Board of Directors of Nu México.

Team V.4-EM-UAE

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The LatinGulf.ae editorial team curates and produces content that highlights the business, cultural, and diplomatic connections between the Gulf region and Latin America, ensuring accuracy, relevance, and insight in every article.

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