About Us
Products to disrupt and democratize financial services in a concentrated, underpenetrated and high interest rate market by providing a complete digital ecosystem that is simple, mobile-first, self-service, safe and affordable to enhance consumer and merchant experiences.
Learn more about PagSeguroFast Facts
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58.7%
2Q19-2Q18 TPV
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4.7M
Active Merchants
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41.6%
2Q19-2Q18 Non-GAAP Net Income
Products and services
We provide a wide range of affordable solutions and tools to help our merchants manage and grow their businesses. These include a variety of cash-in and cash-out options with features designed to attract and retain clients, provide them with access to working capital and help them manage their cash flow.
Learn MoreOur vision
Products to disrupt and democratize financial services in a concentrated, underpenetrated and high interest rate market by providing a complete digital ecosystem that is simple, mobile-first, self-service, safe and affordable to enhance consumer and merchant experiences.
Learn MoreNYSE: PAGS
$Price
47.49
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(2.18)%
Change
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1,354,845M
Volume
News Releases
September 16, 2019
PagBank Launches New Marketing Campaign to Promote its New features: Savings Account and Super App services
PagBank Launches New Marketing Campaign to Promote its New features: Savings Account and Super App services
Read More
September 16, 2019
PagBank Launches New Marketing Campaign to Promote its New features: Savings Account and Super App services
PagBank Launches New Marketing Campaign to Promote its New features: Savings Account and Super App services
Read More
August 15, 2019
PagSeguro Reports Second Quarter Results
PagSeguro Reports Second Quarter Results
Read More
July 22, 2019
PAGSEGURO DIGITAL LTD 2Q19 Earnings Release and Conference Call
PAGSEGURO DIGITAL LTD 2Q19 Earnings Release and Conference Call
Read MoreEvents
No event available.
Financial Information
Quarterly Results
Company Information
Executive Officers
Mr. Frias has been the Chairman of our board of directors and our Principal Executive
Officer since 2017. He joined Grupo Folha in 1981 and has been its principal executive
officer since 1989. In that capacity he led Grupo Folha’s expansion into various new markets, such as
commercial printing (through Plural, a partnership with Quad Graphics) and e-commerce logistics
(through Transfolha). In 1996, he founded UOL, a pioneering Brazilian Internet company. As Principal
Executive Officer and Chairman of the Board of Directors of UOL, he has expanded UOL’s business,
through organic growth and more than 20 acquisitions, to cover digital content and products, e-learning
and cloud/IT services, as well as the PagSeguro financial technology business. He holds a bachelor’s
degree in economics from the University of São Paulo (Universidade de São Paulo – USP).
Mr. Alcaro has been a member of our board of directors and our Chief Financial
and Investor Relations Officer and Chief Accounting Officer since 2017. He has been the
Chief Financial and Mergers & Acquisitions Officer of the UOL group and Executive Officer of the Folha
Group since 2011. He holds a bachelor’s degree in business administration from the Getúlio Vargas
Foundation (Fundação Getúlio Vargas – FGV-SP) in São Paulo. Before joining our group, Mr. Alcaro
held several positions, including Finance Vice President at Walmart Brazil from 2008 to 2011, Financial
Planning and Investors Relations Director at Walmart USA from 2006 to 2008, Mergers & Acquisitions
Director at Walmart USA from 2003 to 2006, Finance Manager at Walmart Brazil from 1997 to 2003
and Senior Auditor at PricewaterhouseCoopers from 1992 to 1997.
Mr. Dutra has been a member of our board of directors and our Executive
Officer since 2017. He has been Chief Executive Officer of PagSeguro Brazil and Chief
Executive Officer of UOL Digital Content and Products since 2016. Mr. Dutra worked for the UOL
group from 1997 to 2005, holding management positions in operations, marketing and sales, and
rejoined the group in 2009 as Country Manager at UOL Argentina in Buenos Aires, where he served
until 2010. He holds a bachelor’s degree in electrical/industrial engineering from the Industrial
Engineering University (Centro Universitário da Faculdade de Engenharia Industrial – FEI), a
post-graduate degree in business from the Getúlio Vargas Foundation (Fundação Getúlio Vargas –
FGV) in São Paulo, and an MBA from Darden Graduate School of Business Administration at the
University of Virginia. Prior to rejoining UOL, he was a management consultant at Bain & Company
from 2007 to 2009.
Board of Directors
Mr. Frias has been the Chairman of our board of directors and our Principal Executive
Officer since 2017. He joined Grupo Folha in 1981 and has been its principal executive
officer since 1989. In that capacity he led Grupo Folha’s expansion into various new markets, such as
commercial printing (through Plural, a partnership with Quad Graphics) and e-commerce logistics
(through Transfolha). In 1996, he founded UOL, a pioneering Brazilian Internet company. As Principal
Executive Officer and Chairman of the Board of Directors of UOL, he has expanded UOL’s business,
through organic growth and more than 20 acquisitions, to cover digital content and products, e-learning
and cloud/IT services, as well as the PagSeguro financial technology business. He holds a bachelor’s
degree in economics from the University of São Paulo (Universidade de São Paulo – USP).
Mr. Alcaro has been a member of our board of directors and our Chief Financial
and Investor Relations Officer and Chief Accounting Officer since 2017. He has been the
Chief Financial and Mergers & Acquisitions Officer of the UOL group and Executive Officer of the Folha
Group since 2011. He holds a bachelor’s degree in business administration from the Getúlio Vargas
Foundation (Fundação Getúlio Vargas – FGV-SP) in São Paulo. Before joining our group, Mr. Alcaro
held several positions, including Finance Vice President at Walmart Brazil from 2008 to 2011, Financial
Planning and Investors Relations Director at Walmart USA from 2006 to 2008, Mergers & Acquisitions
Director at Walmart USA from 2003 to 2006, Finance Manager at Walmart Brazil from 1997 to 2003
and Senior Auditor at PricewaterhouseCoopers from 1992 to 1997.
Mr. Dutra has been a member of our board of directors and our Executive
Officer since 2017. He has been Chief Executive Officer of PagSeguro Brazil and Chief
Executive Officer of UOL Digital Content and Products since 2016. Mr. Dutra worked for the UOL
group from 1997 to 2005, holding management positions in operations, marketing and sales, and
rejoined the group in 2009 as Country Manager at UOL Argentina in Buenos Aires, where he served
until 2010. He holds a bachelor’s degree in electrical/industrial engineering from the Industrial
Engineering University (Centro Universitário da Faculdade de Engenharia Industrial – FEI), a
post-graduate degree in business from the Getúlio Vargas Foundation (Fundação Getúlio Vargas –
FGV) in São Paulo, and an MBA from Darden Graduate School of Business Administration at the
University of Virginia. Prior to rejoining UOL, he was a management consultant at Bain & Company
from 2007 to 2009.
Mrs. de Brito has been a member of our board of directors since July 19,
2017. She has also been head of human resources, legal matters and institutional relations of the UOL
group since its creation in 1996, and has been the Vice Chairman of UOL’s board of directors since
2005. She has worked for Grupo Folha since 1990, and is the current Superintendent of Grupo Folha.
She holds a bachelor’s degree in public administration from the Getúlio Vargas Foundation (Fundação
Getúlio Vargas – FGV-SP) in São Paulo and a master’s degree in political science from the Pontifical
Catholic University of São Paulo (Pontifícia Universidade Católica de São Paulo – PUC-SP). Mrs. de
Brito was a professor of the undergraduate course in Business Administration at the Getúlio Vargas
Foundation from 1986 to 1990, and professor of the graduate program in journalism at ESPM (Escola
Superior de Propaganda e Marketing) from 2011 to 2013. She was president of the National
Newspaper Association (Associação Nacional de Jornais) from 2008 to 2012, and is currently a
member of the board of ABECS.
Ms. Gushiken has more than 20 years of experience in the technology and consumer industries. She is currently a strategic advisor for family offices and startup companies in Brazil, providing advice on a variety of matters, including operations, management, legal and compliance. Ms. Gushiken served as the Operations Director at Cerveja Proibida from 2013 to 2017, as the Legal Director at Microsoft from 2007 to 2013, and as the Head of Legal at UOL from 2000 to 2007. She has also represented these companies in industry associations and corporate affairs initiatives in Brazil. She holds a law degree and a post-graduate degree in Commercial and Corporate Law, both from the Pontifical Catholic University of São Paulo (Pontifícia Universidade Católica de São Paulo – PUC). Ms. Gushiken also studied Japanese Constitutional Law at the University of Shizuoka – Japan from 1993 to 1994. She is admitted to the Brazilian Bar in São Paulo.
Mr. Lisboa has a Ph.D in Economics from the University of Pennsylvania. He was an assistant professor in the Economics department at Stanford University from 1996 to 1998 and an assistant professor at the School of Economics of Getulio Vargas Foundation (Fundação Getulio Vargas) from 1998 to 2002. Since 2013, he has worked at Insper, a School of business, economics and engineering, initially as vice-president and, since 2015, as president.
From 2003 to 2005, Mr. Lisboa served as Secretary of Economic Policy for the Brazilian Federal Ministry of Finance. He also served as president of the Instituto de Resseguros do Brasil from 2005 to 2006 and, from 2006 to 2013, he worked at Itaú-Unibanco, where he served as vice-president from 2009 to 2013.
From 2003 to 2005, Mr. Lisboa served as Secretary of Economic Policy for the Brazilian Federal Ministry of Finance. He also served as president of the Instituto de Resseguros do Brasil from 2005 to 2006 and, from 2006 to 2013, he worked at Itaú-Unibanco, where he served as vice-president from 2009 to 2013.
Mr. Teixeira holds a master's degree in Economics from Getúlio Vargas Foundation (Fundação Getúlio Vargas - FGV-SP) in São Paulo and a bachelor's degree in economics from the University of São Paulo (Universidade de São Paulo - USP). From 2002 to 2004, he served as a Commissioner of the Administrative Counsel for Economic Defense (Conselho Administrativo de Defesa Econômica - CADE), the Brazilian antitrust agency, and from 1999 to 2002, he served as Deputy Secretary for Economic Monitoring (Secretaria de Acompanhamento Econômico - SEAE) of the Brazilian Ministry of Finance, and as Coordinator General of Trade and Services and Cartel Prosecution for the same department. In 2002, he was a member of the Federal Fund for the Defense of Collective Rights of the Brazilian Ministry of Justice, and from 2006 to 2008, he was Council of the Brazilian Institute of Economics (Instituto Brasileiro de Economia - IBRE) at Getúlio Vargas Foundation (Fundação Getúlio Vargas - FGV). Since 2007, he has taught courses on Microeconomics, Economic Analysis of Law, Antitrust and Regulation at the GVLaw graduate program at the law school of Getúlio Vargas Foundation (Fundação Getúlio Vargas - FGV-SP) in São Paulo, and has coordinated a course in Market Regulation at the Foundation Institute of Economic Research (Fundação Instituto de Pesquisas Econômicas - FIPE). He is also the Managing Partner of Microanalysis Consultoria Econômica, having worked on economic issues and coordinated projects in financial, regulatory and competition affairs in various sectors of the economy, including consultancy to both national and international government agencies, such as the Applied Economic Research Institute (Instituto de Pesquisa Econômica Aplicada - IPEA), the United Nations Conference on Trade and Develoment (UNCTAD) and the World Bank.
Investor Relations
Sao Paulo, Brazil
Email: ir@pagseguro.com Phone: +55 11 3914-9403