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Technisys Recognized As A Large, Established Player In Digital Banking Engagement Platform Report By Leading Analyst Firm
Now Tech report highlights the value to expect from digital banking engagement platform providers and how to select vendors based on size and functionality.
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Technisys is recognized as a large, established player in the report, Now Tech: Digital Banking Engagement Platforms, Q1 2021, released by leading global research and advisory firm, Forrester. The report highlights the functionality of digital banking engagement platforms, with recommendations on how to choose the right vendor for organizations looking to adopt a digital transformation.
TechnologyBatista brothers fintech PicPay files for IPO on Nasdaq
Reuters
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Brazilian financial startup PicPay has filed with the U.S. Securities and Exchange Commission for an initial public offering on Nasdaq, according to a Wednesday filing.
Founded in 2012, payments wallet PicPay is controlled by group J&F Investimentos SA, a holding company owned by Brazilian billionaire brothers Wesley and Jose Antonio Batista, who also own meatpacker behemoth JBS SA (JBSS3.SA).
With 28.4 million active users, PicPay posted total revenues of 390 million reais in 2020 and a loss of 804 million reais ($144.37 million).
The loss was mainly due to high selling expenses, which included roughly 622 million reais in payments related to the brand promotion and development, PicPay said, adding payments were settled as a capital increase.