Pagseguro Digital: Brazil's FinTech Gem Takes Off - P/E Ratio of 7.5 and Massive Dividends

With PIX, the Brazilian Central Bank has introduced one of the world's most successful instant payment systems. The result: cash is rapidly disappearing as everyone, from beach vendors to supermarkets, is using digital payments. For Pagseguro, this means that customers use the app daily for PIX transactions, making it easier to attract them for additional products like insurance or loans due to this high engagement. The latter holds a special significance in Brazil, as it is commonplace to pay for clothing or groceries in interest-free installments....