EVENT
NUBANK - INVESTOR CALL Q3 FOLLOW UP / GROWTH SENSE CHECK w/ JORG FRIEDEMANN
December 3, 2024 — 12pm EST / 5pm GMT
Virtual
Hosted by Soomit Datta
We continue to observe Nubank (NU) and MercadoLibre (MELI) under a similar lens given lending aspirations in the region. Following our Credit deep dive later this week with MELI, we will be holding a call with JORG FRIEDEMANN, head of Investor Relations at NU to update on their outlook also.
Tune in for a deeper dive into Q3 trends and current talking points:
- Mexico lending
- Why is the pace of lending relatively low in Mexico (versus MercadoLibre); when might we see the loan book ramp?
- How transferable is the Brazil model to Mexico? How long before the datasets are good enough to work off
- How looking at deposit remuneration in Mexico and Colombia (still high today)
- Competitive environment in Mexico. Who else is competing for incumbent share?
- Slowing credit card receivables in Brazil (via PIX parcelados). Anything to read into this in recent NPL data?
- NuCel mobile launch
- Why the explicit message on diversifying away from lending?
- Worries about telco NPS diluting NU experience?
- Run through structure of the MVNO model with AMX
- Mid-term aspirations: pre-paid, pure post-paid launch expected?
- Any reason not to roll out in Mexico when scale supports?
Communications Events
-
Nov
21CommunicationsNovember 21, 2024 — VirtualHosted by Soomit DattaEvent Details -
Nov
22CommunicationsNovember 22, 2024 — VirtualHosted by Jonathan ChaplinEvent Details