Group 1 - PicPay has refiled for a U.S. initial public offering (IPO) with the Securities and Exchange Commission after initially withdrawing its paperwork in June 2022 [1][2] - The company aims to list on the Nasdaq exchange under the ticker "PICS" if the offering is completed [2] - Bicycle Management Company LLC has shown interest in purchasing $75 million worth of Class A shares as an "anchor investor" [2] Group 2 - PicPay reported $1.37 billion in revenue and financial income for the first nine months of 2025, with a net profit of $59 million [3] - This revenue figure represents a 97% year-over-year increase [4] - In comparison, during its first IPO attempt in 2021, PicPay reported $220 million in revenue and a net loss of approximately $357 million [3]
Brazil’s PicPay files for US IPO