New Bank's Expansion in Latin America Shows Bullish Growth Potential

2 months ago

Dave Ahern

"Yeah. Yeah. I wholeheartedly believe they will be able to get to get there. They're executing the exact same playbook that they did in Brazil. They're targeting the unbanked of Mexico and they're going after those people that just don't have access to banking, whether it's because of what I mentioned earlier, not having a bank or not having access to a bank, a car, transportation, any of those kinds of things. I don't see any reason why they won't be able to have the same similar success in Mexico that they've had in Brazil. Maybe not to this full extent, but I think they will have it."

Dave Ahern expresses strong confidence in New Bank's strategy to replicate its Brazilian success in Mexico by targeting the unbanked population, even amid rising competition. He believes the digital-first approach and proven playbook will continue driving growth in the region.

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