Picpay Holdings Netherlands B.V. (Ticker: PICS US) is a Netherlands-incorporated holding company operating PicPay, a leading Brazilian financial services ecosystem specializing in digital banking and payments. The company provides a comprehensive platform for over 42 million quarterly active consumers, offering solutions ranging from peer-to-peer payments and digital wallets to credit cards, insurance, and investment products. Additionally, PicPay serves over 800,000 active small and medium-sized businesses with acquiring and banking services.
The company plans to list on the NASDAQ on January 29, 2026, planning to offer 22.86 million Class A shares at a price range of $16.00 to $19.00. This IPO aims to raise approximately $400 million at the midpoint, valuing the company at a market capitalization of roughly $2.3 billion. The offering is managed by a syndicate including Citigroup, BofA Securities, and Mizuho.