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

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

## Key points

- Agibank raised $240 million in its scaled-back New York IPO, selling shares at $12 each.
- The IPO valued Agibank at $1.92 billion based on its outstanding shares listed in the prospectus.
- Agibank sharply reduced its proposed deal size and price range just before the offering.
- In 2024, Lumina Capital Management invested 400 million reais in Agibank at a 9.3 billion reais valuation.
- Agibank's expected 2023 revenue is up over 45% year-on-year, reaching up to 10.7 billion reais.

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

[Read the full story on Reuters](https://www.reuters.com/business/finance/brazilian-fintech-agibank-raises-240-million-scaled-back-us-ipo-2026-02-11/)

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