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PagSeguro Digital Ltd. engages in the provision of financial technology solutions focused on Micro-Merchants, Small Companies and Medium-Sized Companies, or Small Medium Enterprises. Its business model covers the following pillars: Multiple digital payment solutions; In-person payments via POS devices that sell to merchants; Free digital accounts; Issuer of prepaid cards to clients for spending or withdrawing account balances, and Operating as an acquirer. Read More The company was founded on 2006 and is headquartered in Sau Paulo, Brazil.
São Paulo, Sao Paulo
52 Week High
52 Week Low
PagSeguro's New Products Turn Guggenheim Bullish
PagSeguro Digital Ltd (NYSE: PAGS) announced a major product expansion Tuesday in financial services. It's a sign of the company’s rapid transformation into a full-fledged acquiring and financial services platform and significantly boosts PagSeguro's long-term top- and bottom-line prospects, according to Guggenheim Securities. The Analyst Jeff Cantwell upgraded PagSeguro Digital from Neutral to Buy and set a $33 price target. The Thesis The new PagSeguro app — PagBank — will begin to offer cash cards a...
Expected Aug 15, After Hours