Bobwins: Fintech
I, too, would like to thank you for the information. I bought HOOD this week, after thinking about buying it for a month. Their foray into Europe is what caught my attention. Better late than never.
SOFI sounds very interesting, too. I see their CEO on CNBC from time to time.
One thing about NU turns me off--political risk, especially in Brazil, which currently doesn't have the most capitalist-friendly leader. They are too cozy with the CCP for my liking.
The fact that they are serving the unbanked might keep the government off of their back.
I am concerned that these new-fangled banks might put legacy banks out of business, assuming that credit cards are what keeps them afloat.
Speaking of Latin and South America, I remember when MELI was $25 a share. Another opportunity I ignored. So, maybe NU would be worth a small investment.
Thank U again. I had forgotten that U were a banker!
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