Catenaa, Saturday, January 10, 2026-Brazilian digital bank PicPay announced it has filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering of its Class A common shares.
The number of shares and pricing have not yet been determined, and the offering is subject to SEC approval, market conditions, and other factors.
If completed, PicPay plans to list its shares on the Nasdaq Global Select Market under the symbol “PICS.”
Citigroup, BofA Securities, and RBC Capital Markets are serving as joint global coordinators, with Mizuho and Wolfe | Nomura Alliance as joint bookrunners and FT Partners as co-manager.
Bicycle Capital has expressed a non-binding interest in purchasing shares in the offering.
PicPay is Brazil’s second-largest digital bank by customer base, serving over 66 million users, including 42 million active accounts as of the third quarter of 2025.
The bank offers a range of services including digital wallets, credit cards, loans, Buy Now Pay Later (BNPL), investments, and insurance.
A preliminary prospectus will be available through the managing underwriters once the SEC review is complete. The registration statement has been filed but is not yet effective, and no securities may be sold until it becomes effective.(Businesswire.com/Newsroom)
