- PicPay closed 2020 with more than 30 million users;
- About 30 companies are preparing IPOs in the first quarter in Brazil.
PicPay has not yet formally closed the hiring of the union that will structure its offer but has already started making deals, said the media outlet. The app closed 2020 with more than 30 million users.
According to Reuters, the stock market scenario in Brazil may be crowded in 2021, since the combination of the COVID-19 vaccine and the country’s basic interest rate at a record low has attracted investors to equity. About 30 companies are preparing IPOs in the first quarter, a number that already surpasses the stock market debuts in 2020.