PagSeguro Digital Ltd - Class A

PagSeguro Digital Ltd. (trading as PagBank) is a Brazilian financial technology company that provides digital payment solutions, banking services, and credit products primarily to micro-merchants and small and medium-sized businesses (SMBs) in Brazil. The company operates through its subsidiary PagSeguro Brazil as a payment institution and through BancoSeguro as a licensed bank, offering services including card acquiring and payment processing, digital banking accounts (checking accounts with R$10.9 billion in banking account balances), credit products (payroll loans, credit cards, and SMB loans totaling a R$4.6 billion credit portfolio), and investment services through PagInvest. The company processes card transactions through relationships with Visa, Mastercard, Hipercard, Amex, and Elo networks. PagSeguro funds its operations through banking issuances (R$31.9 billion in certificates of deposit and interbank deposits), FIDC securitization vehicles, and borrowings. The company actively manages currency and interest rate risks through derivative instruments including EUR swaps and USD non-deliverable forwards, converting exposures to CDI-linked rates. The company has been expanding into Latin American markets with subsidiaries in Chile, Colombia, Peru, and Mexico, though international revenue remains under 1% of total revenue. PagSeguro benefits from Brazil's 'Lei do Bem' R&D tax incentive, reducing its effective tax rate. The company is a subsidiary of Universo Online S.A. (UOL) and is incorporated in the Cayman Islands with its primary operations in Brazil. Its financial statements are denominated in Brazilian reais. As of June 30, 2026, the company had 290,677,709 common shares outstanding. Updated Aug 11, 2026