PagSeguro Vs. StoneCo: Comparing 2 Successful Brazilian Fintechs That Have Been Decimated

Nov. 30, 2022 5:01 AM ETPagSeguro Digital Ltd. (PAGS), STNEINTR, NU28 Comments
Heisenberg View profile picture
Heisenberg View
846 Followers

Summary

  • PagSeguro and StoneCo are often compared as they are both disrupting the Brazilian financial industry successfully over the last decade.
  • They have both achieved an 11% market share of TPV payments volume within a decade. Nevertheless, they have different business models.
  • We compare the two businesses by exploring their similarities and differences.
  • Whilst successful, both companies have dropped over 65% from their peak prices. We explore what opportunity may exist.

Amigos brindando para celebrar la victoria del equipo de fútbol brasileño

FG Trade/E+ via Getty Images

Introduction

This article is born from a repeating request on the comments section of previous articles to compare StoneCo (NASDAQ:STNE) with PagSeguro (NYSE:PAGS). Whilst both businesses are successful Brazilian fintechs that

Comparing financial data of STNE & PAGS

Comparing Selected Financial Data of PAGS & STNE from their Quarterly Earnings Presentations (PAGS & STNE Quarterly Earnings Reports)

This article was written by

Heisenberg View profile picture
846 Followers
A scientist working on quantum theory that became an investor due to the influence of the writings of Benjamin Graham, Peter Lynch, Michael Burry, and Philip Fisher.

Disclosure: I/we have a beneficial long position in the shares of STNE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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