PagSeguro underscores LatAm fintech opportunity

PagSeguro underscores LatAm fintech opportunity

Capital Markets Equity IPO Game-Changers Brazil

After going public in January with a $2.3bn IPO on the New York Stock Exchange, PagSeguro Digital's stock price took a slight hit in June when it announced what became a $965m follow-on equity offering just within the usual lock-up period for newly-placed shares. But investor appetite for fintech-related stories and an upcoming presidential election in Brazil presented an ideal opportunity for the local payment solutions provider. "We wanted to hit this window given that presidential elections w

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