Dan Schulman & David Vélez Analyze Brazil's Domination in #fintech

Dan Schulman and David Velez engaged in a candid discussion about the fintech revolution, focusing on the success of New Bank and its impact on the financial industry. They explored the potential of digital banking to serve the majority of the world's population more efficiently and at a lower cost. The conversation highlighted Brazil's unique market dynamics, including high technology adoption and a concentrated banking sector with high fees, which created an opportunity for New Bank. They also discussed the transformative power of technology, such as AI and blockchain, to revolutionize financial services by reducing costs, speeding up transactions, and expanding access to credit, which could potentially double the financial services market.