Inter & Co: New Strategy Being Executed Impeccably

akinbostanci/iStock via Getty Images Investment Thesis I recommend buying Inter & Co (NASDAQ:NASDAQ:INTR) shares. Inter & Co was one of the first digital banks to carry out an IPO in the West and simply quadrupled the number of customers between 2018 and 2020, reaching more than 8 million. At that time, Inter & Co had a P/B multiple of 6x, and the strategy of all fintechs in the world was to grow without worrying about profitability. However, Brazil and the world went through a major cycle of rising int ...