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February 1, 2026 @ 10:24 am By Omar Faridi  |  

Brazilian fintech PicPay (Nasdaq:PICS) controlled by the billionaire Batista brothers—known for their role in the global meatpacking industry through JBS—has gone public on the Nasdaq in New York, achieving a valuation of approximately $2.5 billion. The Fintech company raised $434 million by selling about 22.86… Read More

January 7, 2026 @ 3:54 pm By Omar Faridi  |  

Brazilian digital banking Fintech PicPay has officially filed for an initial public offering (IPO) in the United States. The Amsterdam-incorporated company, poised to rename itself PicS N.V., submitted its registration to the US Securities and Exchange Commission (SEC) on January 5, 2026, paving the way… Read More

October 12, 2025 @ 11:24 am By Omar Faridi  |  

PicPay, a Brazilian mobile banking platform under the Batista family’s investment vehicle, is reportedly planning a $500 million initial public offering (IPO) in the United States, aiming for a 2026 debut. This move highlights the company’s aim to tap high-potential global markets. Launched in 2012… Read More

May 13, 2020 @ 9:42 pm By Omar Faridi  |  

Brazil-based online wallet provider PicPay recently revealed that it has surpassed 20 million clients as of May 2020. As reported by Reuters, the company said that it achieved the milestone sooner than it had initially expected. PicPay was aiming to hit the goal by December… Read More