Nu Holdings Ltd. Class A Ordinary Shares (NU) Stock Analysis — Latest Investor Quotes & Trade Calls

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

"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.

Management Excellence and Prudent Capital Allocation

"I think they're exemplary. The more that I read about them, the more that I like them. They started the business for a good reason. They saw an opportunity to help the people of Brazil. What's even more impressive is that David is only 46, so he's still really young and has a long way to go with the company. A few years ago, he was offered a $300 million pay package and he turned it down, choosing instead to reinvest in the business and take care of his employees."

Dave Ahern commends New Bank's management team and founder David, highlighting his youthful drive, disciplined capital allocation, and commitment to reinvesting in the company rather than taking excessive compensation.