PicS Ltd. (PICS)
PicS Ltd. was planning to go public, but the IPO was withdrawn on Feb 15, 2023.
Stock Price: Pending
IPO price not available yet

Company Description

PicS is the largest Brazilian super app in terms of number of registered users as of December 31, 2020, based on our comparison of other Brazilian participants with publicly-available information.

We offer a technology-enabled multipurpose ecosystem for daily needs, providing financial, communication and consumer services to more than 38.8 million registered users as of December 31, 2020.

We operate as an open platform empowered with social features that connect our users, affiliated merchants and commercial partners.

From December 31, 2018 to December 31, 2020, our active user base grew at a CAGR of 231%. As of December 31, 2020, we had 28.4 million active users, 1.2 million active merchants and other licensed merchants through partnerships with the Brazilian merchant acquirers GetNet, Stone, Rede and Cielo.

Our primary mission is to make life easier by reinventing the way people deal with money, shop and communicate.

We offer our customers an easier, frictionless and less bureaucratic experience, ensuring they capture the most of what really matters: a seamless user experience.

We want to transform the way people and businesses interact, transact and advertise in an intelligent, connected and simple way, leveraging on the large disruption potential of the payments and financial services sector.

PicS Ltd.
Country Brazil
Founded 2012
Industry Platform as a Service
Sector Financials
Employees 1,846
CEO José Antonio Batista Costa

Contact Details

Address:
Avenida Manuel Bandeira, 291 Block A, 2nd floor
São Paulo, SP 05317-020
Brazil
Phone +55 (11) 97723-1925
Website picpay.com

Stock Details

Ticker Symbol PICS
Exchange NASDAQ
Reporting Currency BRL
CIK Code 0001841644
SIC Code 7374