Fintech Insider Podcast by 11:FS

959. News: Nubank lands Mexico licence, Thunes raises $150m and Robinhood Gold hits 3.2m subscribers

May 5, 2025
Steve Quirk, Chief Brokerage Officer at Robinhood, discusses the company's strong financial performance and the launch of Robinhood Gold, targeting wealth management. Miguel Armaza, General Partner at Gilgamesh Ventures, shares insights on Nubank's new banking license in Mexico, enabling broader service offerings. Kate Drew, Director of Research at CCG Catalyst, highlights Thunes' $150 million funding for cross-border payments and the launch of a UK crypto and AI accelerator by Coinbase. The panel explores fintech trends and the evolving investing landscape.
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ANECDOTE

Degree Deodorant Formula Backlash

  • Degree deodorant changed its formula, causing customer backlash and a petition to bring back the original scent.
  • The company responded quickly and re-released the original Cool Rush scent, showing responsiveness to customer feedback.
INSIGHT

Young Investors Navigate Volatility

  • Robinhood's young investors are navigating volatility by buying dips and adjusting portfolios actively.
  • Education helps first-time investors weather market ups and downs and maintain engagement.
ADVICE

Educate Investors on Demand

  • Provide educational content on-demand tailored for younger investors within the research pathway.
  • Offer options like recommended portfolios and high-yield cash sweep accounts to help manage investment comfort levels.
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