Describe why Nubank’s strategy against a concentrated banking industry is proving to be successful and what are the remaining obstacles faced by Nubank as it continues to expand?  

Nubank’s technique towards a concentrated banking trade has been profitable on account of its deal with innovation and buyer centricity. By offering clients with an easy-to-navigate cellular app and aggressive rates of interest, Nubank has managed to amass hundreds of thousands of customers worldwide over the previous few years. Moreover, their means to supply clear pricing together with no hidden charges or expenses has allowed them to face out from their opponents available in the market.

Nubank additionally succeeds due to their use of data-driven insights which permits them to know buyer wants and develop tailor-made merchandise/providers accordingly. This helps enhance buyer satisfaction whereas additionally giving Nubank a aggressive edge in relation to staying forward of the curve when it comes to trade tendencies.

Regardless of these successes, nevertheless, there are nonetheless obstacles that stay for Nubank as they proceed to increase. For example, they could want further funding sources in an effort to preserve progress; this might come from enterprise capital investments or by way of partnerships with different monetary establishments. Moreover, they might want to scale up their operations so as accommodate extra clients whereas persevering with present excessive ranges of service high quality—this might contain increasing into new markets in addition to growing new expertise options reminiscent of synthetic intelligence (AI) for higher fraud prevention measures amongst others.

Total, by addressing these remaining challenges Nubanks ought to have the opportunity place itself even additional within the banking trade going ahead– guaranteeing continued success down the road.