Chit Chat Stocks Nu Holdings: The Best Banking Stock Globally? With Dave Ahern
Nov 7, 2025
Dave Ahern, an investor and co-host of the Investing for Beginners podcast, dives into the world of Nu Holdings, known as Nubank. They explore Nubank's digital-first banking model, which has led to its dominance in Latin America. Ahern discusses how Nubank expands in Brazil and Mexico, and the implications of its recent application for a U.S. banking license. Along the way, he highlights the innovative leadership of David Velez and Nubank's strategies for growth beyond traditional banking services. It's a must-listen for fintech enthusiasts!
AI Snips
Chapters
Transcript
Episode notes
Digital-Native Design Drives Adoption
- Nubank's digital-native model removed branches and built a superior app experience tailored to Latin America.
- This design unlocked rapid customer adoption where physical bank access is limited.
Credit Cards Fuel Profitability
- Nubank relies heavily on credit cards as its primary profit engine, using tailored underwriting to expand access.
- They pair starter limits with gradual increases to build credit and customer lifetime value.
Execute The Brazil Playbook In Mexico
- Target unbanked users via mobile-first onboarding to replicate Nubank's Brazil playbook in Mexico.
- Expect competition like Mercado Pago but keep execution focused on access and simplicity.