PicPay files for USD 100 mln US IPO

AG

Alex Guzu

22 Apr 2021 / 5 Min Read

PicPay is a digital ecosystem that allows users to transact, communicate, and access financial services. PicPay's key offerings include social networking, digital wallets, financial services, and ecommerce. The company also plans to offer ads to merchants and banks in the future. Active users increased from 6.4 million in 2019 to 28.4 million in 2020.

The Sao Paulo, Brazil-based company was founded in 2012 and plans to list on the Nasdaq under the symbol PICS. BTG Pactual, Bradesco BBI, Santander, and Barclays are the joint bookrunners on the deal.

Countries:
AG

Alex Guzu

22 Apr 2021 / 5 Min Read

sign up banner
the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright