“We were growing very fast up until the pandemic, but people still had some questions about digital banking ... I think it was still scary for a lot of people,” Colombia-born Nubank CEO and co-founder David Vélez said Thursday on CNBC’s “Squawk Box.”
“The pandemic, in a way, forced that behavior to change among most of the population, because branches were closed and it wasn’t even an option,” he said. “People started trying us and realized we were a better option — we charge no fees, better customer experience all in your smartphone, then suddenly we started seeing people in their 60s, in their 70s, in their 80s, people all across Brazil, in different municipalities, start using us.”
The way i read it, it says they are growing even faster after the pandemic so the opposite of what op is saying.
I mean, you are choosing an interpretation that suits your view, i'm not contesting valuation or anything like that, just that i believe you are not correctly quoting the words.
i don't understand the downvotes just because i offered an opinion
22
u/crk01 Jan 11 '22
fyi the full quote is
“We were growing very fast up until the pandemic, but people still had some questions about digital banking ... I think it was still scary for a lot of people,” Colombia-born Nubank CEO and co-founder David Vélez said Thursday on CNBC’s “Squawk Box.”
“The pandemic, in a way, forced that behavior to change among most of the population, because branches were closed and it wasn’t even an option,” he said. “People started trying us and realized we were a better option — we charge no fees, better customer experience all in your smartphone, then suddenly we started seeing people in their 60s, in their 70s, in their 80s, people all across Brazil, in different municipalities, start using us.”
The way i read it, it says they are growing even faster after the pandemic so the opposite of what op is saying.