Brazilian Digital Bank Platform Operator PicS (PICS.US) Debuts on Nasdaq Tonight with IPO Priced at $19/Share

Stock News
01/29

The Brazilian digital bank platform operator PicS (PicPay) has set its initial public offering (IPO) price at $19 per share, which is at the high end of the previously announced price range of $16 to $19. The company will issue 22.9 million shares at this price, raising a total of $434 million. Calculated at the offering price, the company's market capitalization stands at $2.5 billion, which is 9% higher than previous expectations. The company is scheduled to list on the Nasdaq this Thursday (January 29th) under the ticker symbol "PICS." PicS will become the first Brazilian company to complete a U.S. IPO since Nu Holdings (NU.US) raised $2.6 billion in 2021. It is understood that PicS operates under the name PicPay, providing a digital financial services platform for consumers and small to medium-sized enterprises in Brazil. As of September 30, 2025, it had 42 million quarterly active consumers, and approximately 812,000 active businesses accepted its payment network. Its services include wallet and banking features, such as Pix instant payments, peer-to-peer transfers, bill payments, card services, loans, insurance, and investments. The platform also operates PicPay Shop (shopping) and PicPay Ads (advertising) businesses, and provides merchant acquisition services via QR codes, e-commerce, point-of-sale terminals, and mobile contactless payments. Data shows that the company's revenue for the 12 months ended September 30, 2025, was $1.7 billion.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10