PicPay’s Nasdaq IPO Tests Whether Pix-Era Wallets Can Become Real Banks

Key Points PicPay filed for a Nasdaq IPO under PICS, targeting a valuation near $2.46 billion. Pix made payments universal, so PicPay pivoted to credit, which demands capital and risk discipline. Investors will test whether profits and active users justify the new model. PicPay is taking its reinvention story to the public market. J&F, the […]