Joe Bou-Saba’s Sohn Conference Pitch: Brazilian Bank With Plans For International Expansion

At the 2024 Sohn San Francisco Conference, Joe Bou Saba from Alta Park Capital pitched an investment thesis about the banking company Nubank from Brazil. This is a rather unusual choice for a fund oriented towards the TMT sector, however, according to Joe, the opportunity is too good to pass.

Pitch For Nubank

Nubank Background

Nubank is the largest non-Asian digital bank platform in the world. Its operations are completely online and they do not have any physical branches.

The company is offering a completely new banking experience in Brazil. Earlier, opening a bank account was a whole day affair while with Nubank it is easy not only to...