Wallets/pagbank
PagBank / PagSeguro Digital
0 standards supported
Overview
PagBank / PagSeguro Digital is Brazil's leading consumer + SMB end-to-end digital-banking ecosystem, NYSE-listed (PAGS) [1, 2, br-cro]. 4Q25 baseline:
- Customers: 34 million
- 4Q25 recurring profit: R$ 678 million
- 4Q25 ROAE: 18.4%
PagBank ecosystem [1]: payments + banking + cards + investments + insurance distribution + super-app under PagBank brand.
2025 strategic + dividend updates [3]:
- June 2025 — first dividend payment $0.14/share announced.
- Plans: ~10% of net income annual dividends.
- September 2025: Robust dividend policy — R$623M distributed in 2025 + R$1.4B announced for 2026.
- Strategic targets: R$25B credit-portfolio target by 2029.
1H 2025 financials [2]: EPS (diluted, GAAP) +14.3% driven by revenue diversification across payments + banking.
History
2006 — PagSeguro founded [2] by UOL (Universo Online; major Brazilian internet company) as Brazilian payment-processor.
2018 — NYSE IPO (PAGS) — Brazilian-fintech US-listing.
2019 — PagBank launches [2] as PagSeguro's digital-banking arm with BCB authorization.
2024 — 30M+ customer mark.
1H 2025 — +14.3% EPS growth [2].
June 2025 — First dividend $0.14/share [3].
September 2025 — Robust dividend policy R$623M 2025 + R$1.4B 2026 + R$25B credit-portfolio 2029 target [3].
4Q25 — 34M customers + R$678M recurring profit + 18.4% ROAE [1].
Ownership & operator
Operating entity: PagSeguro Digital Ltd. (NYSE: PAGS).
Parent: UOL (Universo Online) — major Brazilian internet company (PagSeguro 2006 launch context).
Major shareholders: UOL + public float (NYSE: PAGS) + various institutional + retail investors.
Regulator: BCB (Central Bank of Brazil) — PagBank since 2019 BCB authorization.
Technical integration
| Layer | Description |
|---|---|
| Channels | PagBank mobile app (iOS + Android) + PagSeguro POS + PagSeguro API + PagSeguro Online Checkout |
| Identifiers | Card + PIX key + CPF (Brazilian tax ID) + bank account |
| BR rail | pix (Banco Central do Brasil national instant-payment) |
| Sub-products | PagBank Account + PagBank Card + PagSeguro Pagamentos (payment processing) + PagSeguro POS + PagBank Investimentos + PagBank Insurance Distribution + super-app |
| License | BCB-authorized PagBank since 2019 |
| Strategic targets | R$25B credit-portfolio target by 2029 |
Users & growth
4Q25 baseline [1]:
- Customers: 34 million
- 4Q25 recurring profit: R$ 678 million
- 4Q25 ROAE: 18.4%
- 1H 2025 EPS growth: +14.3% (diluted GAAP)
- June 2025 first dividend: $0.14/share
- Strategic 2026 dividend: R$1.4B announced
- 2029 strategic target: R$25B credit-portfolio
Use cases
Brazilian consumer + SMB digital banking (34M customers); PagSeguro payment processing (cards + PIX); PagSeguro POS for SMBs; PagBank Investimentos + Insurance Distribution + super-app; dividend-policy-supported shareholder returns; credit-portfolio expansion (R$25B 2029 target).
Implementations & partners
Operator: PagSeguro Digital Ltd. (NYSE: PAGS).
Parent context: UOL (Universo Online) — major Brazilian internet company.
Major Brazilian competitors:
- [[stone]] (StoneCo Ltd; NASDAQ: STNE; 1.7M+ businesses + Q3 2025 BRL 3.6B revenue + first BR non-bank payment institution by BCB 2017)
- [[nubank]] (Nu Holdings; NYSE: NU; LATAM neobank giant; 100M+ customers)
- [[mercado-pago]] (BR + LATAM super-app)
- [[picpay]] (BR mobile wallet covered Batch 11)
- Cielo + Rede + GetNet (BR traditional acquirers — Banco do Brasil + Bradesco + Itaú + Santander Brasil-anchored)
Regulator: BCB.
Fun facts
- 2018 NYSE IPO (PAGS) — Brazilian-fintech US-listing.
- 2006 founding by UOL — Brazilian payment-processor pioneer.
- 2019 PagBank launch + BCB authorization.
- 4Q25: 34M customers + R$678M recurring profit + 18.4% ROAE.
- June 2025 first dividend: $0.14/share — distinctive Brazilian-fintech dividend policy.
- September 2025 strategic updates: R$623M distributed 2025 + R$1.4B announced 2026 + R$25B credit-portfolio target 2029.
- 1H 2025 EPS +14.3% (diluted GAAP).
Comparison
| Feature | PagBank | [[stone]] (BR rival; NASDAQ: STNE) | [[nubank]] (BR neobank giant; NYSE: NU) | [[mercado-pago]] (BR + LATAM super-app) | Cielo (BR traditional acquirer) |
|---|---|---|---|---|---|
| Operator | PagSeguro Digital Ltd. (NYSE: PAGS; UOL parent context) | StoneCo Ltd. (NASDAQ: STNE) | Nu Holdings (NYSE: NU) | Mercado Pago (MercadoLibre; NASDAQ: MELI) | Cielo (Banco do Brasil + Bradesco JV) |
| Type | BR consumer + SMB end-to-end digital-banking ecosystem (PagBank brand) | BR SMB-focused payment processing + Stone Banco + Pagar.me + Linx vertical SaaS | LATAM neobank giant (BR + MX + CO) | LATAM super-app + wallet | BR largest acquirer by volume |
| Country | Brazil | Brazil | BR + MX + CO | 8 LATAM | Brazil |
| Users (4Q25) | 34 million + R$678M recurring profit + 18.4% ROAE | 1.7M+ businesses + Q3 2025 BRL 3.6B revenue (+16% YoY) + +24% ROE | 100M+ customers | 72M+ | Largest BR acquirer |
| Listing | NYSE: PAGS since 2018 | NASDAQ: STNE since 2018 | NYSE: NU | NASDAQ: MELI | B3-listed via Banco do Brasil + Bradesco parents |
| Distinctive | 2019 PagBank launch + BCB authorization; June 2025 first dividend $0.14/share; R$25B 2029 credit-portfolio target; UOL Brazilian-internet-company parent context | First BR non-bank payment institution (BCB 2017); 2018 NASDAQ pioneering BR-fintech IPO; Berkshire Hathaway shareholder | LATAM neobank giant; $50B+ valuation; 100M+ customers | LATAM #1 super-app + wallet | BR traditional acquirer; Banco do Brasil + Bradesco-anchored |
Status
Active, Brazil's leading consumer + SMB end-to-end digital-banking ecosystem (NYSE-listed) [1, 2]:
- PagSeguro Digital Ltd. (NYSE: PAGS) since 2006 (NYSE IPO 2018).
- 4Q25: 34M customers + R$678M recurring profit + 18.4% ROAE.
- June 2025 first dividend $0.14/share + R$1.4B 2026 dividend + R$25B 2029 credit-portfolio target.
- 1H 2025 EPS +14.3% (diluted GAAP).
- BCB-regulated (PagBank since 2019).
Sources
- 1 PagSeguro — Grokipedia
- 2 PagSeguro Form 6-K FY2025 — SEC
- 3 PagSeguro 2025 annual report + dividend — StockTitan
- 4 PagBank — Wikipedia
- br-cro In-corpus:
reports/countries/BR-brazil.md
Source
Biography extracted from pagbank.md. See matrix.md for standards-support matrix if present.