Sign in

    Jamie Friedman • Susquehanna International Group

    Jamie Friedman's questions to Dlocal Ltd (DLO) leadership

    Jamie Friedman's questions to Dlocal Ltd (DLO) leadership • Q2 2025

    Question

    Jamie Friedman from Susquehanna International Group asked for an updated long-term view on take rates and inquired about the new product pipeline, particularly which innovations merchants are most excited about and their delivery timelines.

    Answer

    CEO Pedro Arnt reiterated that the long-term trend for take rates remains gradually downward, though this is offset by a mix shift to frontier markets and new, higher-margin products. He identified three key areas of product innovation with strong merchant interest that are already live: credit offerings via BNPL partnerships, the 'SmartPix' solution in Brazil that adds card-like features to PIX, and stablecoin on-ramp/off-ramp solutions.

    Ask Fintool Equity Research AI

    Jamie Friedman's questions to Kyndryl Holdings Inc (KD) leadership

    Jamie Friedman's questions to Kyndryl Holdings Inc (KD) leadership • Q1 2026

    Question

    Jamie Friedman of Susquehanna International Group asked about how Kyndryl is articulating the AI opportunity and about the company's confidence in achieving its long-term 'triple-double-single' financial targets.

    Answer

    Chairman & CEO Martin Schroeter explained that Kyndryl leverages AI internally via its Kyndryl Bridge platform for efficiency and externally by helping clients with AI adoption, focusing on data, security, and resiliency. Regarding the 'triple-double-single' targets, Schroeter expressed high confidence, citing favorable tax positioning for cash flow, the increasing mix of high-margin post-spin business for profit growth, and strong momentum in Consult and Alliances for revenue. CFO David Wyshner added that visibility is strong because contract performance is tracking closely to the healthy margins projected at signing.

    Ask Fintool Equity Research AI

    Jamie Friedman's questions to MercadoLibre Inc (MELI) leadership

    Jamie Friedman's questions to MercadoLibre Inc (MELI) leadership • Q2 2025

    Question

    Jamie Friedman of Susquehanna International Group asked for an explanation of how the mix shift to credit cards is impacting the Net Interest Margin (NIM) and for the company's overall message on credit quality.

    Answer

    Fintech President Osvaldo Giménez explained that the NIM is impacted because credit cards have a lower NIM and are growing faster than the rest of the credit book. He also noted that lower inflation is reducing Argentina's previously high NIM. Regarding credit quality, he stated they are 'very bullish,' having improved their models and feeling comfortable re-accelerating card issuance, with older cohorts already profitable.

    Ask Fintool Equity Research AI

    Jamie Friedman's questions to DXC Technology Co (DXC) leadership

    Jamie Friedman's questions to DXC Technology Co (DXC) leadership • Q1 2026

    Question

    Jamie Friedman of Susquehanna International Group questioned the decline in insurance bookings, the timeline for a transition to a subscription model, and how AI impacts DXC's overall competitive position.

    Answer

    CFO Rob Del Bene explained that insurance bookings have different dynamics and the existing backlog supports the mid-single-digit growth forecast, adding that a significant SaaS transition has not yet occurred. President & CEO Raul Fernandez described AI as a 'huge opportunity' that leverages DXC's deep industry expertise in complex, regulated environments.

    Ask Fintool Equity Research AI

    Jamie Friedman's questions to Cognizant Technology Solutions Corp (CTSH) leadership

    Jamie Friedman's questions to Cognizant Technology Solutions Corp (CTSH) leadership • Q2 2025

    Question

    Jamie Friedman from Susquehanna International Group asked for an update on the progress of Cognizant's three-vector AI strategy, questioning which vector is furthest ahead. He also sought to reconcile the increased commentary on "innovation" with the persistent weakness in short-duration discretionary spending.

    Answer

    CEO Ravi Kumar S confirmed that Vector 1 (hyper-productivity) is significantly ahead, driven by the market's focus on value. However, he expressed surprise at the rapid momentum in Vector 3 (agentifying the enterprise), noting a near doubling of Gen AI client projects. He clarified that "innovation" often involves using agentic AI to reduce costs and cycle times in novel ways, which aligns with client priorities even in a tight discretionary spending environment.

    Ask Fintool Equity Research AI

    Jamie Friedman's questions to Evertec Inc (EVTC) leadership

    Jamie Friedman's questions to Evertec Inc (EVTC) leadership • Q2 2025

    Question

    Jamie Friedman of Susquehanna International Group asked management to articulate EVERTEC's primary competitive advantage in Latin America, questioning whether it stems more from technology or from industry knowledge and experience.

    Answer

    President & CEO Mac Schuessler detailed a multi-faceted competitive advantage. He highlighted EVERTEC's proprietary, customizable, and market-proven technology as a primary strength. He also emphasized the company's deep industry expertise in helping clients launch and operate acquiring businesses, the credibility of being a regulated U.S. public company, and its significant on-the-ground presence with local teams in each country of operation.

    Ask Fintool Equity Research AI

    Jamie Friedman's questions to Western Union Co (WU) leadership

    Jamie Friedman's questions to Western Union Co (WU) leadership • Q2 2025

    Question

    Jamie Friedman inquired if the stablecoin opportunity is primarily for cost reduction or revenue enhancement and asked about the timeline for applying the successful European strategy to the U.S. market.

    Answer

    CEO Devin McGranahan explained that the stablecoin initiative is initially focused on creating efficiency, reducing friction, and improving liquidity management (cost reduction), with the potential to eventually drive revenue if it improves the value proposition enough to attract more demand. He confirmed they are actively working to implement the European model in the U.S. 'right now,' with the head of the European business leading the project to standardize the go-to-market approach.

    Ask Fintool Equity Research AI