PicPay Prices US IPO at Top in First Brazilian Debut Since 2021
PicpayPicpay(US:PICS) Yahoo Finance·2026-01-29 07:21

Photographer: DAX Images/NurPhoto/Getty Images Leia em português PicS NV, the fintech controlled by the billionaire Batista family, raised 434millioninaUSinitialpublicofferinginthefirstsignificantdebutforaBraziliancompanyinmorethanfouryears.MostReadfromBloombergPicPay,asthecompanyisknown,sold22.86millionsharesat434 million in a US initial public offering in the first significant debut for a Brazilian company in more than four years. Most Read from Bloomberg PicPay, as the company is known, sold 22.86 million shares at 19 each, the top of the marketed range, according to a statement confirming an earlier Bloomberg News report. The digital bank offered shares for 16to16 to ...