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Batista brothers' PicPay valued at $2.5 billion as shares jump in Nasdaq debut

Batista brothers' PicPay valued at $2.5 billion as shares jump in Nasdaq debut

101 finance101 finance2026/01/29 17:24
By:101 finance

Jan 29 (Reuters) - Shares ​of ‌PicPay, controlled ‌by the billionaire ⁠Batista ‌family, jumped ‍2.6% in their Nasdaq ​debut ‌on Thursday, valuing the Brazilian ⁠digital ​bank ​at $2.53 billion.

(Reporting by Ateev ‍Bhandari ⁠in Bengaluru; ⁠Editing by ‌Shilpi ‌Majumdar)

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