Agree on the take for NU. People assumed global expansion. Likely not going to happen before they expand to Argentina imo. Building logistics and presence in a neighboring country is probably a lower hanging fruit than USA. Not an expert tho.
Also they have a large stake in Tyme Bank so exposure to South Africa and Philippines. Great article as always!
They are still only scratching the surface in Mexico and Colombia, leaving plenty of low-hanging fruit in Latin America before expanding beyond the continent, in my opinion. Argentina is an interesting case—they entered the market in 2019 but withdrew shortly afterward due to the high inflationary environment and unstable financial landscape. If conditions stabilize under President Milei, as seems to be happening, I believe they will reenter the market.
Nu Bank is just one of a number of Financial Services firms pondering a UK listing in 2025.
Meanwhile you can pick up UK-listed fintech at some seriously juicy discounts due to the extreme despondency sentiment in the UK. Potential for a double gain from rising valuations, growing IPOs plus better macro/sentiment?
Texas Instruments provides semiconductor exposure but is not directly correlated with AI. Its primary markets are automotive and industrial. The company is currently undergoing a significant CapEx cycle, which has resulted in temporarily lower earnings. I have not studied Analog Devices in detail so can't comment on it.
Excellent read! Nu, Adyen, Uber & Meta excite me
Agree on the take for NU. People assumed global expansion. Likely not going to happen before they expand to Argentina imo. Building logistics and presence in a neighboring country is probably a lower hanging fruit than USA. Not an expert tho.
Also they have a large stake in Tyme Bank so exposure to South Africa and Philippines. Great article as always!
They are still only scratching the surface in Mexico and Colombia, leaving plenty of low-hanging fruit in Latin America before expanding beyond the continent, in my opinion. Argentina is an interesting case—they entered the market in 2019 but withdrew shortly afterward due to the high inflationary environment and unstable financial landscape. If conditions stabilize under President Milei, as seems to be happening, I believe they will reenter the market.
Nu Bank is just one of a number of Financial Services firms pondering a UK listing in 2025.
Meanwhile you can pick up UK-listed fintech at some seriously juicy discounts due to the extreme despondency sentiment in the UK. Potential for a double gain from rising valuations, growing IPOs plus better macro/sentiment?
Here are four examples:
https://theoakbloke.substack.com/p/grow-grow-so-sew
https://theoakbloke.substack.com/p/chry-with-joy
https://theoakbloke.substack.com/p/augm-ented-reality
https://theoakbloke.substack.com/p/tmt-oh-tomato-lets-call-the-whole
(If you like Uber, you might love Bolt.eu)
Nu is not considering a UK listing, it is solely focused on establishing a legal domicile in the country.
What is your investments thesis for Texas Instruments? Is it better than Analog Devices when looking for company that is well positioned for robotics.
Texas Instruments provides semiconductor exposure but is not directly correlated with AI. Its primary markets are automotive and industrial. The company is currently undergoing a significant CapEx cycle, which has resulted in temporarily lower earnings. I have not studied Analog Devices in detail so can't comment on it.
NU and UBER look promising.
Lots of positive news for both this week.