PicPay sees 60% growth in users of its asset aggregator

▤ Summary

PicPay expanded its investments area and reported strong growth in both clients and assets under custody over the past year. The company also launched new investment options, including variable income products, ETFs, local and international stocks, and BDRs. PicPay’s investment aggregator lets customers see and track assets across financial institutions inside the app using open finance. The company plans to add more investments in the second half of the year and shift recommendations toward goal-based investing. This move places PicPay among a small group of Brazilian banks offering an investment aggregator to retail and affluent customers.

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