PicPay reportedly seeks $500 million U.S. IPO for fintech growth

PicPay, a Brazilian fintech company, is planning to raise capital with a $500 million U.S. IPO. The company's potential U.S. listing would allow it to tap into the U.S. investor base, joining other international tech firms. Brazilian fintech firm PicPay is reportedly planning a $500 million U.S. initial public offering (IPO), according to Bloomberg.com. The company aims to raise capital through a U.S. listing, potentially positioning it alongside other international technology companies seeking to expand their investor base in the United States.