PicPay Prices US IPO at Top in First Brazilian Debut Since 2021

Photographer: DAX Images/NurPhoto/Getty Images Leia em português PicS NV, the fintech controlled by the billionaire Batista family, raised $434 million in a US initial public offering in the first significant debut for a Brazilian company in more than four years. Most Read from Bloomberg PicPay, as the company is known, sold 22.86 million shares at $19 each, the top of the marketed range, according to a statement confirming an earlier Bloomberg News report. The digital bank offered shares for $16 to $ ...