v3.25.1
Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2024
Disclosure of cash and cash equivalents [line items]  
Cash and Cash Equivalents
14.
Cash and cash equivalents

As of December 31, cash and cash equivalents were as follows:

 

 

2024

 

2023

Own Balances

 

189,029

 

222,808

Merchant Clients Funds

 

236,143

 

313,352

Total

 

425,172

 

536,160

 

The Group reported cash on hand, demand deposits and other short-term liquid financial instruments of USD 425,172 as of December 31, 2024, (USD 536,160 on December 31, 2023).

Own Balances represent the Group’s cash and cash equivalents, while Merchant Clients Funds includes freely available funds collected from merchant customers, that can be invested in secure, liquid low-risk assets until transferred to the merchant. As of December 31, 2024, Merchant Clients Funds includes USD 128,725 pending to transfer to Own Balances (USD 59,900 as of December 31, 2023).