PagBank PagSeguro is one of the most valuable
Brazilian brands in 2021
SÃ£o Paulo, December 16e, 2021 – PagSeguro Digital Ltd., or PagBank PagSeguro (NYSE: PAGS), the market leader by number of merchants in the Brazilian payments industry, which promotes innovative solutions and inclusion in financial services and payments, ranks 22sd position in the “most valuable Brazilian brands”, published by global consulting firm Interbrand last Friday (10).
For PagBank PagSeguro, this recognition is the result of the investments made by the company over the years. The PAGS brand has more than 12 million customers and continues to innovate in the financial market.
The ranking has been published in Brazil since 2001 and the methodology was developed in partnership with the London School of Economics. The assessment analyzes more than 130 companies through more than a thousand interviews and takes into consideration criteria such as origin, public financial statements, brand performance and an index that shows brand recognition. The PagBank brand PagSeguro was valued at R $ 570 million, as the 22sd most valuable brand in the ranking.
About PagBank PagSeguro
PagBank PagSeguro is a disruptive provider of financial technology solutions focused primarily on consumers, individual entrepreneurs, micro-traders, small businesses and medium-sized businesses in Brazil. Among its peers, PagBank PagSeguro is the only financial technology provider in Brazil whose business model covers the following five pillars:
- Multiple digital banking solutions
- In personpayments via point of sale (POS) devices that PagSeguro Digital provides to merchants
- Free digital accounts that PagSeguro Digital provides to its consumers and merchants with features like bill payment, prepaid cell phone credit, wire transfers, peer to peer cash transfers, prepaid credit cards, credit cards payment, loans, investments, QR code payments, and payroll portability, among other digital banking services
- Prepaid, cash and credit card issuer
- Act as a full purchaser
PagBank PagSeguro is a UOL group company that offers a simple, safe and hassle-free way to own a free PagBank digital account, which is similar to a regular checking account linked to the Brazilian Central Bank platform, with the option to ” accept payments, where its customers can transact and manage their cash flow, without the need to open a regular bank account. PagBank’s end-to-end digital banking ecosystem PagSeguro enables its customers to accept a wide range of online and in-person payment methods, including credit cards, debit cards, meal voucher cards, boletos, bank transfers, direct debits and cash deposits.
PagBank PagSeguro’s mission is to disrupt and democratize financial services in Brazil,
- concentrated, underpenetrated and high interest rate market, offering a End-to-end digital banking ecosystem that is secure, affordable, simple, and mobile first for merchants and consumers.
SOURCE: PagBank PagSeguro
+55 (11) 3914-9524
This press release includes “forward-looking statements” within the meaning of US federal securities laws. Statements in this document that are not clearly historical in nature are forward-looking, and the words “anticipate”, “believe”, “continue”, “expect”, “estimate”, “intend” , “Project” and similar expressions and future or conditional verbs such as “will”, “should”, “should”, “could”, “could”, “could”, “could”, or similar expressions are generally intended to identify forward-looking statements. We cannot guarantee that such statements will prove to be correct. These forward-looking statements speak only as of the date hereof and are based on our current plans, potential merger and acquisition opportunities, estimates of future events, expectations and trends (including trends related to global economies and Brazilian and capital markets, as well as the continued economic, financial, political and public health effects of the coronavirus, or the COVID-19 pandemic.) that affect or may affect our business, financial condition, results operations, cash flow, liquidity, outlook and transaction price of our Class A common shares and are subject to a number of known and unknown risks and uncertainties, many of which are beyond our control. Accordingly, current plans, potential merger and acquisition opportunities, planned actions and future financial condition and results of operations may differ materially from those expressed in the forward-looking statements in this press release. You are cautioned not to place undue reliance on these forward-looking statements when evaluating the information presented. In light of the risks and uncertainties described above, future events and circumstances mentioned in this press release may not occur and do not constitute guarantees of future performance. Due to these uncertainties, you should not make any investment decisions based on these estimates and forward-looking statements. For further information on factors that may lead to results different from what we expect, please see the reports we file with the United States Securities and Exchange Commission (SEC) and in particular the factors discussed under âForward-Looking Statementsâ and âRisk Factor Statementsâ sections in our Annual Report on Form 20-F filed with the SEC on April 27, 2021.
PagSeguro Digital Ltd. published this content on December 16, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on December 16, 2021 02:08:01 PM UTC.
Public now 2021
Technical analysis trends PAGSEGURO DIGITAL LTD.
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Evolution of the income statement
|Average consensus||TO BUY|
|Number of analysts||19|
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|Spread / Average target||96.1%|