# Agibank is the second Brazilian fintech to tap U.S. capital markets in recent weeks.

*fintech · news · 2026-02-11 · MarketScreener*

## Key points

- Agibank raised $240 million in its scaled-back New York IPO after reducing deal size and price.
- The IPO valued Agibank at $1.92 billion, based on the prospectus's outstanding shares.
- Agibank shifted its IPO to the U.S. after failing to attract investors in Brazil in 2018.
- PicPay's poor aftermarket performance, down roughly 20%, threatens other Brazilian IPOs' near-term momentum.

**Companies:** Agibank
**Countries:** Brazil, United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/brazilian-fintech-agibank-raises-240-million-in-scaled-back-us-ipo-ce7e5adddf89f521)

---

Canonical: https://newsio.io/n/144e6a38-b430-45f5-9c36-56a0f58bb017/agibank-is-the-second-brazilian-fintech-to-tap-u-s-capital-markets-in-recent-wee
Summarized by Newsio from MarketScreener. https://newsio.io/how-it-works