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Nubank announces that half of the management positions will be held by women in up to 5 years

The company's goal is to have at least 50% women in management positions by 2025

Nubank's office. Photo: Nubank/Courtesy
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  • The percentage of women in Nubank engineering teams is 20%;
  • More than a third (39%) of people in management positions are women; and women represent 41% of the total employees.

Nubank announced on Monday that it plans to hire 3,300 women in less than five years. The company’s goal is to have at least 50% women in management positions by 2025.

According to Nubank, the company has more than 3,000 employees in six different countries: Brazil, Mexico, Colombia, Argentina, Germany, and the United States. More than a third (39%) of people in management positions are women, and women represent 41% of the total Nubank‘s employees.

READ ALSO: Nubank: Brazil’s biggest fintech has everything to shake up Latin America as whole

“We want to be the most equal company in the technology sector in Latin America, who knows all over the world. We have a high percentage of women when compared to other companies, but we want to improve even more. We set this goal for the next five years and our goal is to achieve it beforehand,” says Cristina Junqueira, co-founder of Nubank, in a press statement.

“We know the importance of having female references in leadership positions. Contact with women leaders helps other women to reach high positions and stay longer in companies. That is why, in recent years, we have developed equity policies, both in terms of hiring and inclusion.”

READ ALSO: Nubank launches in Colombia and will invest $150 million for the next eight years

The percentage of women in the Nubank engineering teams is 20%. According to the company, this number is higher than that of technology companies in Silicon Valley, where the average of female software engineers is around 12%.

(Updated: Nubank will hire 3,300 women and not 3,300,000)

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