PagSeguro Digital Ltd.

PagSeguro Digital Ltd. transforms and democratizes access to financial and payment solutions in Brazil. The company provides a simple, safe, affordable, and accessible digital ecosystem to merchants and consumers, focusing on making the financial lives of people and businesses easier. PagSeguro Digital operates within the Brazilian market, serving micro-merchants and Small and Medium-sized Enterprises (SMEs). As of December 31, 2025, there were 16.8 million micro-merchants in Brazil. Additionally, as of December 31, 2024, there were 4.6 million SMEs. The company also addresses self-employed individuals in the informal economy, with 18.9 million such individuals as of December 31, 2025. This totals an addressable market of 40.3 million formal and informal businesses. The number of individual micro-entrepreneurs in Brazil increased from 0.8 million in 2010 to 16.2 million in January 2026. PagSeguro Digital categorizes businesses by their Total Payment Volume (TPV): MSMB (merchants with a monthly TPV below R$3 million) and Large Retail and Online (merchants with a monthly TPV above R$3 million, including large retailers and online merchants). The company supports the shift from cash and paper payments to electronic payment mechanisms.