Brazil's Nubank appoints former Meta executive to board

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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.