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JamalMalik's avatar

How much they pay you to write this? It is not very well balanced extremely one sided. Certain things shown in last earnings that need to watched moving forward not mentioned

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Ray Myers's avatar

$10B dollars. Jokes aside, the competition and risks are explored in Part 2. There I discuss the FX issues. "Nu could deliver stellar growth, but an FX rate crisis could completely wipe out all the gains for investors!"

Political and economic uncertainty is explored as well. https://www.globalequitybriefing.com/p/nu-serving-the-underserved-equity

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Chris Bryant's avatar

Thanks for the 3 part write up. Very good reading. Do you feel that $DLO will be a competitor? I see them running up against Mercado as well.

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Ray Myers's avatar

Glad you liked it.

DLO is a payment processor, so I don't see it as a competitor. More likely a partner, DLO could help Nu roll out NuPay with Netflix'es and Amazon's of the world that DLO works with.

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Chris Bryant's avatar

Thanks for the feedback. Appreciate the time. So many different companies that overlap / work together.

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