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Nubank Is Taking New Look at Argentina Under Milei, CEO Says.
- Source :
- Bloomberg.com; 10/23/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Nubank, a Latin American financial firm, is reevaluating its prospects in Argentina under President Javier Milei, according to CEO David Vélez. While Brazil remains a key market for Nubank, Mexico is seen as offering significant growth opportunities due to a lack of credit access for many Mexicans. Vélez also mentioned potential expansion into other sectors beyond financial services, such as telecommunications, health, and education. The company is considering further international expansion, including into the Hispanic market in the US. Argentina's market is seen as promising by some, provided inflation is controlled. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 180432926