Fintech Insider Podcast by 11:FS cover image

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.
01:02:18

Podcast summary created with Snipd AI

Quick takeaways

  • Robinhood's latest quarterly results reveal significant growth in revenue and profit, reflecting its successful pivot towards wealth management with Robinhood Gold.
  • Nubank's approval for a full banking license in Mexico marks a strategic expansion enabling it to offer a wider range of financial products and services.

Deep dives

Degree Cool Rush Returns

The podcast highlights the return of Degree Cool Rush deodorant after a formula change that upset many users. Customers expressed their dissatisfaction to the brand, leading to a petition and ultimately prompting Degree to restore the original scent. Available at retailers like Walmart and Target for under $4, the revival of the Cool Rush scent is celebrated for its lasting freshness and popularity among men. This change exemplifies how consumer feedback can directly influence product decisions.

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