PagSeguro

#3530

Rank

$2.92B

Marketcap

Brazil

Country

Leadership team

Mr. Luis Frias (Chairman & Principal Exec. Officer)

Mr. Alexandre Magnani (CEO & COO)

Mr. Artur Gaulke Schunck (Chief Financial & Investor Relations Officer, Chief Accounting Officer and Director)

Products/ Services

Credit Cards, E-Commerce, Financial Services, FinTech, Internet, Payments, Security

Number of Employees

1,000 - 20,000

Headquarters

São Paulo, Sao Paulo, Brazil

Established

2006

Company Registration

SEC CIK number: 0001712807

Net Income

500M - 1B

Revenue

Above - 1B

Traded as

PAGS

Social Media

URL

https://pagseguro.uol.com.br

Overview

Location

Recognition and Award

References

Summary

PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; PagBank digital account, which offers banking services through the PagBank mobile app, as well as centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem; and PlugPag, a tool for medium-sized and larger merchants that enables them to connect their point of sale (POS) device directly to their enterprise resource planning software or sales automation system through Bluetooth. It also offers cash-in solutions; online and in-person payment tools; and online gaming and cross-border digital services, as well as issues prepaid, credit, and cash cards. In addition, the company provides functionalities, and value-added services and features, such as purchase protection mechanisms, antifraud platform, account and business management tools, and POS app; and operates an online platform that facilitates peer-to-peer lending. Further, it is involved in processing of back-office solutions, including sales reconciliation, and gateway solutions and services, as well as the capture of credit cards with acquirers and sub acquirers. The company was founded in 2006 and is headquartered in São Paulo, Brazil.

History

In 2006, UOL formed PagSeguro to be the company's financial services platform. In January of the following year, UOL acquired BrPay, a Brazilian electronic payment company that was incorporated into PagSeguro 6 months later.In November 2008, PagSeguro was elected the best website of the year in the Electronic Commerce category by Info Exame readers. Also in 2008, it received the INFO Award, held by Editora Abril, in the same category: Electronic Commerce.By 2010, PagSeguro had more than 12 million registered users. In 2012, it partnered with Horus, an electronic payment means fraud prevention company.In 2012, it partnered with Nokia to process payments via Near Field Communication , a technology that enables the safe data transmission by approaching two cell phones. PagSeguro was the first company to implement NFC technology in Brazil.In 2013, PagSeguro launched the MINI reader, a credit and debit card reader designed to enable payments via mobile applications. In that same year, it partnered with Cartão Mais! and iPAGARE Magento. Retailers that have a Magento store with the iPAGARE technology can use PagSeguro at checkout.PagSeguro received the PCI-DSS certification in 2013.

Mission

Our mission is to provide safe and secure payment solutions for businesses and individuals.

Vision

We want to revolutionize the way people make payments, provide financial services, and increase access to digital credit.

Key Team

Mr. Éric Krahembuhl de Oliveira (Head of Investor Relations)

Mr. André Cazotto (Investor Relations)

Recognition and Awards

PagSeguro has been recognized for its innovative products and services and has been named Most Innovative Financial Technology Company of the Year multiple times. We’ve also earned the award for Most Innovative Company of the Year in Brazil in 2018.