PagSeguro transaction volume up 97% in 2021 to R$ 456 billion

Overview of PagSeguro's Rapid Transaction Volume Growth Visitors: 206 ★★★★★

PugSeguro (NYSE:PAGS), owner of the machine sofa company of the same name and PagBank, recorded R$456 billion in captured transaction volume last year, up 97% from 2020, according to an operating preview released Wednesday, 2. According to companies, the numbers for 2021 were all-time highs.

When purchased, the volume increased by 56% in one year, to 252 billion reais. Excluding the volume of emergency operations, which ended last year, the annual growth was 60%.

PagBank added 5.2 million active users to the database and reached a total of 13.1 million.

The company also released previous operating data for the fourth quarter of last year. During the reporting period, the volume of capture reached 147 billion reais in consolidated terms, an increase of 76% over the year.

When purchased, the increase was 43%, to 79 billion reais, or 48% if emergency assistance is excluded.

PagSeguro has not yet announced when it will report its fourth quarter and 2021 financial results.

Comments (0)

Investor pessimism is the worst since the 2008 crisis

According to BofA's monthly survey of fund managers, expectations of global growth and company profits have fallen to record lows. The liquidity level has reached its highest level in the last twenty years as investors have reduced their exposure to risky assets.

Monetary policy and the European energy crisis.

Ten-year BTP returns to the 91 euro zone with a yield of 1.909%, while Bud falls to 97 euros with a yield of 0.266%.

Orban: Ukraine is actually asking to block the Hungarian economy

In fact, Ukraine demands a complete shutdown of the Hungarian economy, Hungarian Prime Minister Viktor Orban said on Sunday, referring to the postulates on banning the import of Russian energy resources to the EU.

Inflation can lead to higher wages for all segments of the population

Representatives of the European Central Bank (ECB) are very concerned that the price increase may become a spiral that will also raise wages in the eurozone. The labor market is also facing further strengthening due to the military actions in Ukraine