LUIS
FRIAS
FOUNDER AND CHAIRMAN
Luis Frias
Founder and Chairman
Education
- Bachelor's Degree: Economics from USP
Professional Background
2
The road so far
R$ 660 billion | 12.2 million |
Acquiring TPV | PagBank Active Clients |
2015 to 2021e | Sep-21 |
R$ 6.2 billion | 7.7 million |
AuC + Deposits | Active Merchants |
Sep-21 | Sep-21 |
R$ 1.6 billion | 12x more profits |
Total Credit Portfolio | Net Income |
Sep-21 | Non-GAAP | LTM vs. 2016 |
3
A whole new world ahead of us…
Number of Internet Users¹
# million of users
854
560
303
149 171
Brazil | Indonesia | USA | India | China |
- Source: Mary Meeker | "Internet Trends 2019", Jun-2019;
- Source: Global Web Index (Q2 & Q3 2018);
- Source: Brazilian Telecom companies (https://www.teleco.com.br/4g_cobertura.asp);
- Source: BID and GTD.GOV (https://www.mobiletime.com.br/noticias/23/03/2021/penetracao-da-internet-movel-no-brasil-e-de-95-revela-bid/).
#5 | number of individuals |
using internet¹ | |
#2 | daily time spent |
using internet² | |
99% | Brazilian population have |
access to 4G coverage³ | |
95% | Brazilian population have |
access to internet via cell | |
phone4 |
4
…creates a unique opportunity…
Brazilian Total Credit Portfolio¹ | Incumbent Legacies |
2021 |
1st
2nd
71% | concentrated in |
5 largest banks |
preserving the status quo and their existing profits
IT platforms (built 20 to 30 years ago)
not integrated
5
1. Source: Brazilian Central Bank and companies' public information.
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PagSeguro Digital Ltd. published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 22:52:08 UTC.