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Artmarket.com: CIHA Lyon 2024 – France. Artprice is an active sponsor of the International Congress of Art History (CIHA) which this year will be attended by a thousand researchers from over 70 countries

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PARIS, May 7, 2024 /PRNewswire/ — The Comité International d’Histoire de l’Art (CIHA) has existed since 1873 and its congresses have usually taken place every four years (sometimes colloquially referred to as the Art History Olympiad).

The only global event in this field, it allows researchers and professionals from the art and heritage disciplines to discuss, share, and debate a wide range of issues relating to art history and all of its political, social, and societal ramifications.

For France, which is hosting the 2024 Olympic Games in Paris, the CIHA will rank among the country’s major events of the year.

Organized by the French Art History Committee (CFHA) in partnership with the National Institute of Art History (INHA), the Lumière University Lyon 2 and the Rhône-Alpes Historical Research Laboratory (LARHRA CNRS UMR 5190), the 36th edition of this congress will take place at the Congress Center of the Cité Internationale de Lyon from June 23 to 28, 2024 (https://www.cihalyon2024.fr/en/)

According to thierry Ehrmann, CEO of Artmarket.com and founder of Artprice:

As one of its principal active patrons, Artprice is very happy to contribute to this global event, which is one of the most important for France and its international cultural policy. With participants from over 70 countries and more than 1000 speakers, this year’s CIHA will be a superb intellectual complement to the 2024 Olympic Games in Paris. Indeed, this extraordinary quadrennial Art History Congress consolidates France’s efforts to re-establish itself as an important cultural player on the international scene (according to Artprice’s Annual Art Market Report, it is already the leading art marketplace in continental Europe). We will of course be very pleased to welcome CIHA delegates to the global headquarters of Artprice by Artmarket, in the heart of the Contemporary Art Museum, La Demeure du Chaos / Abode of Chaos.”

The theme of this 36th edition of the CIHA is “Matter and Materiality” which is “inherent to the conception, production, interpretation and conservation of artifacts in all cultures across all periods of time… The concept of materiality … refers to the fact that the artifacts are composed of materials and, at a theoretical level, to all the processes — technical, cultural and social — that undergird the realization and the material perception of works of art.

This theme opens onto a whole panoply of very topical questions that reflect major societal, ecological and ethical changes. The congress will also address a wide range of technical issues relating to different categories of objects, from paintings to prints, from architectural techniques to the use of waste materials, from the human body to clothing, among others.

Discover the CIHA program online: https://openagenda.com/fr/ciha-2024

According to Olivier Bonfait, President of the French Committee for the History of Art (CFHA), organizer of the CIHA 2024:

“By the quality and diversity of the planned discussions, the growing number of participants and the international response it has received, this Art History Congress is already a global success. And, considering Artprice’s contribution to Art History by enhancing art market transparency, their support of this Congress is a great honor and makes perfect sense. Because the International Congress in Lyon is essentially a major celebration of Art History knowledge.”

During the congress, there will be more than 1000 speakers from more than 70 countries and Turkish author Orhan Pamuk, a Nobel Prize laureate, will deliver the opening speech.

Among the talks on the multiple subjects related to the main themes of the congress, there will be presentations by several prestigious speakers including Georges Didi-Huberman (EHESS, Paris), Éric de Chassey (INHA, Paris), Sven Dupré (Utrecht University, Netherlands), Finbarr Barry Flood (New York University, New York, USA), Tim Ingold (University of Aberdeen, Scotland), Isabelle Pallot-Frossard (President of the Fondation des Sciences du Patrimoine, Paris), Antoine Picon (Harvard University Graduate School of Design, Cambridge, USA), Devika Singh (Courtauld Institute, London), Gabriela Siracusano (Universidad Nacional Tres de Febrero, Buenos Aires, Argentina) and Monika Wagner (Universität Hamburg, Hamburg).

Several round tables will address issues related to digital technology, the art market, libraries, international research and restoration programs. And because the congress cannot address the subject of ‘matter’ without giving a voice to those who work on it, two international artists will present their relationship to materiality (in partnership with the Museum of Contemporary Art in Lyon): Sheela Gowda (from India) and Jefferson Pinder (from the USA, with support from the Terra Foundation). Artprice and its L’Organe Museum of Contemporary Art which manages La Demeure du Chaos (otherwise known as the “Abode of Chaos”, Dixit The New York Times) will participate in collaborative knowledge-sharing workshops.

In the evenings, discussions will continue during exceptional events organized with partner museums and foundations and the support of active patrons.

A special evening will be hosted at the global headquarters of Artprice by Artmarket, with a visit to its historical and unique documentary archive of art market knowledge from 1700 to the present day, located in the heart of its Contemporary Art Museum at the Abode of Chaos. A meeting will also be scheduled between its founding President, thierry Ehrmann, the scientific managers of the different departments of Artprice and CIHA researchers.

In addition, the Circle of Lyon Museum Patrons will host a reception at the Lyon Museum of Fine Arts during which restored works from its collection will be presented, and Lyon’s Museum of Contemporary Art will host the re-edition of a banquet designed by the Swiss artist Daniel Spoerri, thanks to a loan from the National Center of Visual Arts and the collaboration of Michelin-starred Lyon-based chef, Jérémy Galvan.

There will also be various heritage excursions to the surrounding Auvergne / Rhône-Alpes region during the last day of the congress (Friday 28 June 2024). Congress participants will thus be able to discover some important cultural places such as the buildings designed by Le Corbusier (Firminy and Le Couvent de la Tourette), the monumental heritage at Bâtie d’Urfé and Puy-en-Velay, the exceptional Palais Idéal du Facteur Cheval (Postman Cheval’s Ideal Palace), the Royal Monastery of Brou and the major museums of the region including those of Grenoble and Saint-Etienne, as well as important sites for conservation and restoration techniques (ARC Nucléart in Grenoble).

Throughout the congress, participants will be able to visit the city’s museums, contemporary art centers and galleries, and discover the architectural heritage of the city’s different eras (the Old Lyon district, the buildings designed by Tony Garnier, the city’s industrial heritage, etc.). Lyon is classified as a UNESCO World Heritage Site.

Artprice by Artmarket will be participating in a simultaneous Book Fair at the Lyon Convention Center that will allow participants to discover the most recent publications from major French and international publishers. Presentations of publications related to the theme of the congress will allow participants to meet and discuss with their authors from all over the world.

The CIHA is placed under the high sponsorship of the Ministry of Culture and its Minister Rachida Dati, the Ministry of Europe & Foreign Affairs and its Minister Stéphane Séjourné, the Ministry of Higher Education & Research and its Minister Sylvie Retailleau. It is supported by major institutions: the National Center for Scientific Research, the National Institute of Art History, the École du Louvre, the Université Lumière Lyon 2, the École Nationale Supérieure de Lyon, and the Grenoble Alpes University.

The organizers would like to thank all the foundations and patrons who have sponsored the travel arrangements of speakers, regardless of their geographical origin, thanks to mobility grants: Gerda Henkel Stiftung (Düsseldorf), Deutsches Forum Für Kunstgeschichte (Paris), Fundación Proa (Buenos Aires), Getty Foundation (Los Angeles), Tiqitaq Foundation (France), Italian Cultural Institute of Lyon, Samuel H. Kress Foundation (New York), Wu Zuoren International Foundation of Fine Arts (Beijing).

At the same time, foundations, cultural partners and companies have contributed to the organization of the congress: Artprice by Artmarket, Antoine de Galbert Foundation, Bullukian Foundation (Lyon), macLYON – Museum of Contemporary Art of Lyon, the Lyon Museum of Fine Arts, the Gadagne Museums, the Musée l’Organe managing La Demeure du Chaos / Abode of Chaos, the Terra Foundation for American Art, the Academy of Fine Arts, and numerous individuals.

The CIHA Lyon 2024 Congress is open to anyone interested in art, Art History and cultural heritage.

Register and take part in all the opportunities this exceptional congress offers you including professional exchanges, the consolidation of your networks, unique and convivial moments, discoveries of all kinds, and privileged visits to the region’s extraordinary heritage.

To register for the conference: https://www.cihalyon2024.fr/en/registration

To give financial support to the conference: 

https://www.cihalyon2024.fr/en/help-us-intro/patronage

Welcome to Lyon, the global capital of Art History in June 2024. We look forward to meeting you

Contact: [email protected]

The Management Committee

Laurent Baridon, Judith Kagan, France Nerlich, Sophie Raux

Copyright 1987-2024 thierry Ehrmann www.artprice.com – www.artmarket.com

About Artmarket:

Artmarket.com is listed on Eurolist by Euronext Paris, and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Discover Artmarket and its Artprice department on video: www.artprice.com/video

Artmarket and its Artprice department was founded in 1997 by its CEO, thierry Ehrmann. Artmarket and its Artprice department is controlled by Groupe Serveur, created in 1987.

See certified biography in Who’s who ©:

https://imgpublic.artprice.com/img/wp/sites/11/2024/02/2024_Biographie_thierry_Ehrmann_WhosWhoInFrance.pdf

Artmarket is a global player in the Art Market with, among other structures, its Artprice department, world leader in the accumulation, management and exploitation of historical and current art market information (the original documentary archives, codex manuscripts, annotated books and auction catalogs acquired over the years ) in databanks containing over 30 million indices and auction results, covering more than 840 000 artists.

Artprice by Artmarket, the world leader in information on the art market, has set itself the ambition through its Global Standardized Marketplace to be the world’s leading Fine Art NFT platform.

Artprice Images® allows unlimited access to the largest Art Market image bank in the world: no less than 180 million digital images of photographs or engraved reproductions of artworks from 1700 to the present day, commented by our art historians.

Artmarket with its Artprice department accumulates data on a permanent basis from 7200 Auction Houses and produces key Art Market information for the main press and media agencies (7,200 publications). Its 7.2 million (‘members log in’+social media) users have access to ads posted by other members, a network that today represents the leading Global Standardized Marketplace® to buy and sell artworks at a fixed or bid price (auctions regulated by paragraphs 2 and 3 of Article L 321.3 of France’s Commercial Code).

The Art Market’s future is now brighter than ever with Artprice’s Artmarket® Intuitive AI

Artmarket, with its Artprice department, has twice been awarded the State label “Innovative Company” by the Public Investment Bank (BPI), which has supported the company in its project to consolidate its position as a global player in the art market.

Artprice by Artmarket’s Global Art Market Report, “The Art Market in 2023”, published in March 2024:
https://www.artprice.com/artprice-reports/the-art-market-in-2023

Artprice by Artmarket publishes its 2023 Contemporary Art Market Report:
https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2023

Index of press releases posted by Artmarket with its Artprice department:
https://serveur.serveur.com/artmarket/press-release/en/

Follow all the Art Market news in real time with Artmarket and its Artprice department on Facebook and Twitter:

www.facebook.com/artpricedotcom/ (over 6.5 million followers)

twitter.com/artmarketdotcom

twitter.com/artpricedotcom

Discover the alchemy and universe of Artmarket and its artprice department https://www.artprice.com/video headquartered at the famous Organe Contemporary Art Museum “The Abode of Chaos” (dixit The New York Times): https://issuu.com/demeureduchaos/docs/demeureduchaos-abodeofchaos-opus-ix-1999-2013

La Demeure du Chaos / Abode of Chaos
GESAMTKUNSTWERK & SINGULAR ARCHITECTURE 
Confidential bilingual work now public:
https://ftp1.serveur.com/abodeofchaos_singular_architecture.pdf

Contact Artmarket.com and its Artprice department – Contact: Thierry Ehrmann, [email protected]

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Artprice by Artmarket Headquarters at The Museum of Contemporary Art Abode of Chaos dixit NYT (Lyon - France)

 

Artmarket logo

 

 

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Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT

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HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.

Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.

Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.

What is Genesis NFT membership?

The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.

Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.

(PRNewsfoto/Live4Well)

What’s next for Live4Well?

Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.

(PRNewsfoto/Live4Well)

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CGTN: Eyeing Chinese modernization, China doubles efforts to further deepen reform on all fronts

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BEIJING, May 25, 2024 /PRNewswire/ — Built after China’s reform and opening up, Rizhao Port in east China’s Shandong Province is a vital global hub for the transshipment of energy and bulk raw materials.

Through recent technological innovation, the port has been upgraded into a modern port, serving as a key node for the New Eurasian Land Bridge and an important hub for the Belt and Road Initiative.

Rizhao Port, together with Qingdao Port, Yantai Port and Bohai Bay Port, formed Shandong Port Group Co., Ltd. five years ago. Last year, the total cargo throughput of the four ports exceeded 1.7 billion tonnes, ranking first in the world.

As part of his first leg of an inspection tour in Shandong Province from Wednesday to Friday, Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, visited the port, recognizing its achievements and urging the province to build a high-level platform for major international exchanges and cooperation.

“Reform is the driving force for development,” Xi emphasized on Thursday while chairing a symposium in Shandong’s capital of Jinan, attended by representatives from businesses and academia.

To deepen reform further on all fronts, efforts should be focused on the overarching goals of improving and developing the socialist system with Chinese characteristics and modernizing China’s governance system and capacity, he stressed.

Deepening reform centered on Chinese modernization

Xi’s trip to Shandong is the first local inspection he has made since the CPC Central Committee Political Bureau held a meeting on April 30, which decided that the third plenary session of the 20th CPC Central Committee will be held in Beijing in July, and the session will primarily examine issues related to further comprehensively deepening reform and advancing Chinese modernization.

Over the years, China’s reform of the economic system has been continuously improved, and the reform of its political and cultural systems has been steadily advanced and innovated.

Meanwhile, the reform of the ecological civilization system has been accelerated, and the reform of national defense and the military has achieved historic breakthroughs.

Comprehensively deepening reform has placed the construction of the national governance system and governance capabilities in a more prominent position. China has convened about 40 meetings of the Central Leading Group for Comprehensively Deepening Reform and 30 meetings of the Central Commission for Comprehensively Deepening Reform to improve the top-level design of reform.

From implementing the Foreign Investment Law and building pilot free trade zones to hosting a slew of major expos and accelerating the construction of Hainan Free Trade Port, China unswervingly deepens reforms and expands high-level opening up, injecting positive energy into global development and bringing tangible benefits to people worldwide.

At Thursday’s symposium, Xi said China should take resolute steps to remove the ideological and institutional barriers hindering the advancement of Chinese modernization and double down on its efforts to resolve deep-seated institutional challenges and structural issues.

Economic system reform should start with meeting realistic needs and tackling the most urgent matters, and it should advance theoretical and institutional innovation in the process of solving practical problems, he added.

A better life for the people

Xi has been stressing that reform should focus on what the people care about and expect the most. The aim, he has said, is to give the people a stronger sense of fulfillment.

Focusing on resolving the most practical problems that are of the greatest and most direct concerns to the people, China has continued to advance major reforms and system construction in the field of people’s livelihoods to allow the results of reform to benefit all people equally and promote their comprehensive development.

The Civil Code, anticipated for decades, finally came to life and was adopted in 2020, highlighting the respect and protection of individual freedom, dignity, interests and rights.

Since the 18th CPC National Congress, the country has built a total of more than 59 million units of various types of affordable and shantytown-renovated housing, helping settle over 140 million people into new homes.

“The Chinese people’s aspiration for a better life is the goal we have been striving for, and the ultimate purpose of advancing reform and promoting development is to improve the livelihood of the people,” Xi said.

Stressing the need to plan and advance reform based on the overall, fundamental and long-term interests of the people, Xi urged efforts to identify the key areas of reform and achieve breakthroughs based on the pressing concerns and aspirations of the general public, including employment, income growth, education, healthcare, housing, government services, childcare, elderly care, personal safety and property security.

https://news.cgtn.com/news/2024-05-24/Eyeing-Chinese-modernization-China-doubles-efforts-to-deepen-reform-1tRFe7yRTUY/p.html

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PagBank records its highest recurring net income in Q124, reaching 522 million BRL – an increase of +33% in the annual comparison

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TPV reached 112 billion BRL (+27% YoY), more than twice the industry’s growth and 31 billion BRL in deposits, reinforcing the balance sheet for expansion of receivables anticipation and credit concession.

SÃO PAULO, May 24, 2024 /PRNewswire/ — PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution and one of the largest digital banks in Brazil, announces its results for the first quarter of 2024 (Q124). The main highlights of the period include a record recurring net profit  of 522 million BRL (+33% YoY), while the net accounting profit reached 483 million BRL (+31 YoY%).

Alexandre Magnani, CEO of PagBank, points out the continuity of the good results presented in the last quarters, highlighting the expressive gain of market share in payments (acquirings), balancing growth with profitability, while the Company establishes itself among the largest financial institutions in Brazil in number of clients:

“We are more than 31 million customers and our execution has been consistent. We have consolidated our value proposition for micro, small, and medium-sized enterprises, facilitating the financial life of individuals and businesses. At the same time, we have captured opportunities for client-consumers who do not have a relationship with payment machines through payroll loans, our broad investment platform, and the offer of a complete bank,” says the CEO of PagBank.

In acquirings, the TPV registered was 112 billion BRL (+27% YoY), growing in all segments (MSMBs and Large Companies, E-commerce, and Cross-border businesses1). In digital banking, PagBank reached 66 billion BRL in Cash-In (+48% YoY), a metric that represents the financial volume received from other financial institutions in PagBank accounts, excluding acquisition, especially Pix, business account products, and salary portability.

The substantial volumes of TPV and Cash-in led deposits to record numbers of nearly 31 billion BRL (+64% YoY and +11%QoQ) despite the less favorable seasonality of the period, given that in the first months of the year, customers have more significant disbursements to honor the payment of taxes, such as IPTU and IPVA, and school yearly supplies, among other expenses.“We stand out for offering instant settlement for our customers and carrying out easy operations via Pix, leveraging our TPV and Cash-In volume in PagBank accounts. This, added to the fact that we have a banking license since 2019, means that we have the agility of a fintech and low funding costs like a traditional bank,” says Magnani. 

According to Artur Schunck, CFO of PagBank, operational growth does not harm the Company’s capital allocation. On the contrary, the acceleration of revenue growth and discipline in costs and expenses were the main levers of the record result. “The financial margins of the consolidated business were high. Our profit grew more than 30% compared to the Q1 2023, even with additional disbursements linked to the new cycle of growth and diversification of the operation, including geographical expansion and marketing actions in the period”, says Schunck.

The credit portfolio resumed growth and reached 2.7 billion (+8% QoQ) at the end of March, focusing on low-risk products such as consigned credit, the anticipation of the year withdrawal of FGTS (Severance Pay Fund), and credit cards with a limit attached to PagBank’s CDBs (a type of fixed-income investment). Schunck believes that despite short-term macroeconomic uncertainties regarding interest and inflation behavior, the worst is in the past, and he is confident in the credit strategy:

“We crossed the pandemic, the significant high-interest rate period, and one of the worst credit cycles in Brazil and still we have built a robust balance sheet and diversified our credit portfolio in terms of customers, products, and risks. Now, we are opening up opportunities to accelerate the concession and gradually expand the offer of credit products from the next few months,” says the CFO of PagBank. 

Other Highlights

Net revenue in the quarter was 4.3 billion BRL (+15% YoY), driven by the strong growth of the acquirings, led by MSMBs (micro, small and medium-sized businesses) and the advance in large accounts, with emphasis on online, cross-border, and automation, as well as the growth of higher margins in financial services. The number of clients reached 31.4 million, reinforcing PagBank’s position as one of the largest digital banks in the country.

In the period, PagBank was recognized as the best bank in Brazil and awarded the RA1000 seal of quality in service, both granted by the Reclame Aqui ranking and as one of the 50 most valuable brands in the country, according to a survey conducted by Kantar BrandZ.

Among the launches of the quarter, main highlights were PagBankPartnerships, a relationship and integration program with software companies and commercial automation; Seguro Empresarial (Business Insurance) offering coverage against fires, electrical damage, theft, burglary, and natural disasters, among others; and Tap to Pay Online, a new and exclusive technology in Latin America that allows the customer to run online transactions by bringing credit or debit card closer to the mobile phone on e-commerce platforms. In addition, PagBank has started to offer 1% cashback on all purchases made with the digital bank credit card and new investment options, such as the CBD, with a 130% CDI rate-variation yield.

“This current moment reminds us very much of our phase between 2018 and 2019, in which we grew in a fast and profitable way, and launched several products. We are very optimistic about the coming months and years of the Company”, says the CEO of PagBank. 

Rio Grande do Sul

PagBank has closely monitored the potential impacts of the ongoing climate tragedy in the state of Rio Grande do Sul and the developments in its operations. The Company’s TPV exposure in the state is similar to the state’s share in national GDP – around 5%. The Company says t is early to share some numbers since consumption in the affected regions have decreased due to the temporary closure of the business, while moving people to neighboring cities and states can increase consumption in unaffected areas.

“At this time, our focus is on supporting flood victims, especially our professionals working in the state of Rio Grande do Sul, through donations from PagBank and its professionals, in cash and goods, as well as offering special support to our affected customer,” says Magnani. 

Check out the financial results of PagBank in Q124 here.

About PagBank
PagBank promotes innovative solutions in financial services and means of payment, automating the purchase, sale, and transfer process to leverage individuals’ and enterprises’ businesses simply and securely. A company of the UOL Group – leader of the Brazilian Internet – PagBank acts as an issuer and acquirer, offering digital accounts and providing complete solutions for online and face-to-face payments (by mobile devices and POS devices). 

PagBank also has a wide variety of means of payment, such as credit and prepaid cards, bank transfers, payments by billet, and balance in the account, among others. PagBank (PagSeguro Internet Payment Institution S.A) is regulated by the Central Bank of Brazil as an electronic money-issuing payment institution, issuer of post-paid instruments and acquirer, having partnerships with the leading credit card issuers. Its parent company, PagSeguro Digital, is listed in the U.S. (NYSE: PAGS) and regulated by the Securities and Exchange Commission (SEC). The distribution of investment funds is carried out by BancoSeguro S.A., authorized by the Central Bank of Brazil, the Securities and Exchange Commission, and affiliated with ANBIMA. 

Visit the PagBank Press Room

1 GCECs: The Brazilian acronym for large companies (annual revenues above 12 million BRL), e-commerce and cross-border businesses.

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