What podcasts say about David Veen
Every statement, with the speaker, the exact quote and the moment it was said.
What David Veen has said on podcasts
14 statements · 6 positive · 4 negative · 1 mixed · 3 neutral
- on Global consumer financial servicesNeutralOct 13, 2026· Invest Like the Best with Patrick O'Shaughnessy
Global consumer financial services remain dominated by incumbent branch-based banks.
“global consumer financial services, it's about a $10 trillion industry and still something like 90% of that industry goes through banking branches and it's owned by incumbent banks”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 2:28
- on Digital financial services transformationPositiveOct 13, 2026· Invest Like the Best with Patrick O'Shaughnessy
Digital transformation in financial services remains at an early stage.
“that transformation, that migration that you've seen in our industries. in media, with Netflix, in retail, with Amazon, with the Barnes & Nobles, in transportation, with companies like Uber, that migration from incumbents to digitally native companies is still very, very early in financial services”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 3:03
- on Incumbent banks versus digitally native financial companiesNegativeOct 13, 2026· Invest Like the Best with Patrick O'Shaughnessy
Incumbent banks will lose market share to digitally native companies globally.
“you would expect a lot of shift from market share from the still incumbent banks to the Italy native companies”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 4:10
AI will further multiply digital banking efficiency.
“AI will be an additional multiplication on that efficiency”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 5:52
- on Nubank expansion to 100 countriesPositiveOct 13, 2026· Invest Like the Best with Patrick O'Shaughnessy
Nubank should expand to 100 countries to accelerate digital financial transformation.
“why don't we go to 100 countries? and try to accelerate this transformation by Nubank being one of the leading digital financial services firms in the world”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 6:18
- on Global access to banking and creditPositiveOct 13, 2026· Invest Like the Best with Patrick O'Shaughnessy
Within 10–20 years, universal banking and credit access will be achieved.
“10, 20 years from now, 100% of the population has access to banking services. 100% of the population has access to credit. 100% of small business have access to credit.”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 7:36
- on Remittance transaction costsPositiveOct 13, 2026· Invest Like the Best with Patrick O'Shaughnessy
Remittance transaction costs will trend toward zero as competition increases.
“That will go to zero. Remittances, moving money, you're moving bits. That will trend toward zero in a more competitive environment.”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 9:00
AI can solve the financial-intelligence gap for consumers.
“You can solve it through AI. And that's where I think AI is really transformational in financial services”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 10:13
In perfectly competitive banking markets, the best product should win.
“in a perfectly competitive environment, the best product should win”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 11:42
Most mass-market banking customers increasingly do not need physical branches.
“You just don't need that anymore. So I think the rationale would be effectively, yeah, we're trying to serve these customers, but it's ignoring that for the majority of people, especially the mass market, increasingly you just don't need it and you don't go to that physical infrastructure anymore.”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 13:13
- on Digital bank competitive advantageMixedOct 13, 2026· Invest Like the Best with Patrick O'Shaughnessy
Scale and data matter, but systems and culture are equally important for digital banks.
“Scale and data is important, but... Equally important is your systems and your culture.”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 20:16
Traditional incumbent banks are still migrating their systems to the cloud.
“They're still in that process of going and putting systems on the cloud.”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 20:49
Financial services will become more homogeneous across countries.
“The future looks much more homogeneous than the past, even for financial services.”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 32:26
- on Corporate customer focus and feesNegativeOct 13, 2026· Invest Like the Best with Patrick O'Shaughnessy
Companies often sacrifice customer focus when new fees increase short-term revenue.
“Most companies will be consumer obsessed, but then when they are suddenly seeing themselves making more money because they invented a new fee, then, oh, well, maybe I'm less consumer obsessed here and I want to make a little bit more money and just start prioritizing the short term versus the long term.”
Open the episode · David Vélez - Building Nubank and the Future of Global Banking - [Invest Like the Best, EP.495]Listen at 41:36
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.