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Eduardo Chedid, CEO of PicPay: 60M Users, $1B Revenue, From Brazil’s Digital Wallet to a Banking Giant

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Manage episode 481047156 series 3370286
Content provided by Miguel Armaza. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Miguel Armaza or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

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Miguel Armaza travels to Sao Paulo for an interview with Eduardo Chedid, CEO of PicPay, a Brazilian fintech giant that has quietly become one of the most important financial companies in Latin America.

With 60 million customers and handling 11% of all Pix payments transactions in Brazil, PicPay has achieved profitability while maintaining hyper-growth—posting 61% revenue growth and 7× higher profits in 2024.

In this episode, we discuss:

  • How PicPay transformed from a digital wallet into a multi-product financial platform
  • The power of business unit autonomy and prioritizing top talent acquisition
  • Building a two-sided ecosystem that serves both consumers and businesses with separate monetization strategies
  • Why Brazilian market volatility creates resilient managers and how to avoid the "incumbent trap"... and lots more!

Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.
Do you prefer a written summary? Check out the Fintech Leaders newsletter and join 75,000+ readers and listeners worldwide!
Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
Miguel on LinkedIn: https://bit.ly/3nKha4Z
Miguel on Twitter: https://bit.ly/2Jb5oBc
Fintech Leaders Newsletter: bit.ly/3jWIp

  continue reading

177 episodes

Artwork
iconShare
 
Manage episode 481047156 series 3370286
Content provided by Miguel Armaza. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Miguel Armaza or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Send us a text

Miguel Armaza travels to Sao Paulo for an interview with Eduardo Chedid, CEO of PicPay, a Brazilian fintech giant that has quietly become one of the most important financial companies in Latin America.

With 60 million customers and handling 11% of all Pix payments transactions in Brazil, PicPay has achieved profitability while maintaining hyper-growth—posting 61% revenue growth and 7× higher profits in 2024.

In this episode, we discuss:

  • How PicPay transformed from a digital wallet into a multi-product financial platform
  • The power of business unit autonomy and prioritizing top talent acquisition
  • Building a two-sided ecosystem that serves both consumers and businesses with separate monetization strategies
  • Why Brazilian market volatility creates resilient managers and how to avoid the "incumbent trap"... and lots more!

Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.
Do you prefer a written summary? Check out the Fintech Leaders newsletter and join 75,000+ readers and listeners worldwide!
Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
Miguel on LinkedIn: https://bit.ly/3nKha4Z
Miguel on Twitter: https://bit.ly/2Jb5oBc
Fintech Leaders Newsletter: bit.ly/3jWIp

  continue reading

177 episodes

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