PagSeguro Digital: Expansion of Banking Operations 

PagSeguro Digital S.A. recently reported its third-quarter 2024 earnings, revealing an impressive 37% year-over[1]year growth in Total Payment Volume (TPV), which reached BRL 136 billion. The company’s focus on sustainable growth has seen it add close to 2 million clients to its customer base over the past year, bringing the total number of clients in its Payments and Banking segments to 32 million. This robust expansion contributed to a 20% year-over-year increase in total revenue, which totaled BRL 4.8 billion, marking the highest quarterly performance in the company’s history.