PicPay Bank

PicPay Bank (PICPAY BANK - BANCO MÚLTIPLO S.A) is a Brazilian banco múltiplo (multiple bank) that operates as the banking arm of PicPay, one of Brazil's largest digital financial platforms. With over 64 million customers, PicPay Bank serves as the licensed entity responsible for banking services including credit cards, loans, renegotiations, and investments offered through the PicPay super app.

The bank emerged from a strategic reorganization in 2022 when the Banco Original do Agronegócio was renamed PicPay Bank and integrated under the PicPay holding structure. This transformation allowed PicPay to leverage banking licenses to enhance capital structure and expand financial services beyond its original payment platform capabilities.