PagSeguro Digital(PAGS) - 2023 Q4 - Annual Report

Filing Information This section details the Form 6-K filing by PagSeguro Digital Ltd. for April 2024, confirming its annual report filing under Form 20-F Report Details This document is a Form 6-K report filed by PagSeguro Digital Ltd. for the month of April 2024 with the U.S. Securities and Exchange Commission. The company confirms it files annual reports under Form 20-F - The report is a Form 6-K for a foreign private issuer, PagSeguro Digital Ltd. (Commission File Number: 001-38353), for the month of April 2024[1] - The registrant confirms that it files annual reports under the cover of Form 20-F[2] Report Content This section announces the filing of PagSeguro's 2023 Annual Report on Form 20-F and provides an overview of the company's business, model, and mission Announcement of Form 20-F Filing On April 26, 2024, PagSeguro announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2023. The report is accessible on the SEC's website and the company's Investor Relations site, with free copies available to shareholders upon request - PagSeguro filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2023, with the SEC on April 26, 2024[4] - The report is available on the SEC website (www.sec.gov) and the company's investor relations website (http://investors.pagseguro.com/). Shareholders can request free copies[4][5] Company Overview PagSeguro Digital is a Brazilian financial technology company providing an end-to-end digital banking ecosystem for consumers, entrepreneurs, and small to medium-sized companies. Its business model is based on five pillars, and its mission is to democratize financial services in Brazil's concentrated market Business Description PagSeguro Digital, a UOL Group company, is a disruptive fintech provider in Brazil targeting consumers, individual entrepreneurs, and small to medium-sized companies. It offers a free PagBank digital account, similar to a checking account, which allows clients to accept various payment methods and manage their finances without a traditional bank account - The company is a provider of financial technology solutions focused on consumers, individual entrepreneurs, micro-merchants, and small to medium-sized companies in Brazil[6] - It provides a free PagBank digital account, linked to the Brazilian Central Bank's platform, enabling customers to accept a wide range of payment methods and manage their cash[6] Business Model Pillars The company's business model is uniquely built on five key pillars: offering multiple digital banking solutions, providing in-person payment capabilities via POS devices, offering free digital accounts with extensive features, issuing various types of cards, and operating as a full acquirer - PagSeguro Digital's business model covers five key pillars: - Multiple digital banking solutions - In-person payments via POS devices - Free digital accounts with comprehensive features (bill payments, transfers, etc.) - Issuer of prepaid, cash, and credit cards - Operation as a full acquirer[6][8] Corporate Mission The company's mission is to disrupt and democratize Brazil's concentrated, underpenetrated, and high-interest-rate financial services market by providing a safe, affordable, simple, and mobile-first end-to-end digital banking ecosystem for both merchants and consumers - The company's mission is to disrupt and democratize financial services in Brazil, which is characterized as a concentrated, underpenetrated, and high-interest-rate market[7] Signatures This section confirms the official authorization and signing of the report by PagSeguro Digital Ltd.'s Chief Financial and Investor Relations Officer Report Authorization The report, dated April 26, 2024, was duly authorized and signed by Artur Schunck, serving as the Chief Financial and Investor Relations Officer, and Chief Accounting Officer of PagSeguro Digital Ltd. - The report was signed on April 26, 2024, by Artur Schunck, Chief Financial and Investor Relations Officer, and Chief Accounting Officer[10]