Nubank CFO Livingston flags disciplined approach to US expansion in first public interview
Reuters2026/08/06 14:52- Nu Holdings’ new CFO Rob Livingston signaled continuity in credit discipline in a management videocast interview with CEO David Vélez.
- Credit growth remains constrained by profitability hurdles, including a stress test requiring each decision to stay profitable even if losses double.
- Nu said its proprietary nuFormer AI models cut credit model development to about seven days from roughly three months, with human review retained.
- Livingston framed potential expansion beyond Latin America as a disciplined, bounded bet, with the US cited as a key long-term market.
- Nu plans to cap US entry spending at 100 basis points of its efficiency ratio over two years, with OCC national bank approval expected within 18 months.
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