v3.26.1
Transactions with Related Parties - Schedule of Transactions with Related Parties (Details) - Agreements with JBS [Member] - BRL (R$)
R$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Assets      
Cash and cash equivalents R$ 13,837 R$ 68,881 R$ 4,212,893
Trade receivables 1,550 33,052 310,870
Financial investments 154,852 862,581  
Derivative instruments 27,572 54,187  
Consumer loans 997,450    
Other receivables 75,173 103,089 120,241
Total 1,270,434 1,121,791 4,644,004
Liabilities      
Trade payables 339   270,436
Third-party funds 33,891 24,467 127,683
Labor obligations 1,125    
Total 35,355 24,467 398,119
Revenues and expenses      
Commission – banking correspondent and marketplace 124,513 156,070 220,447
Interest income from receivables   8,675  
Credit card acquisition   140,979  
Financial income 8,389    
Transaction expenses (1,060) (40,123) (17,279)
Financial expenses     (20,169)
Revenue from financial investments 65,907 94,509 303,249
Interest and other financial expenses (53,020) (29)  
Selling expenses (1,796)    
Administrative expenses (56,106) 67,756 58,053
Other expense   (19,525)  
Total 86,827 408,312 544,301
J&F Participações [Member]      
Assets      
Cash and cash equivalents
Trade receivables 206 23
Financial investments  
Derivative instruments  
Consumer loans 914,098    
Other receivables 74,907 67,507 67,507
Total 989,211 67,507 67,530
Liabilities      
Trade payables 15  
Third-party funds
Labor obligations    
Total 15
Revenues and expenses      
Commission – banking correspondent and marketplace 55
Interest income from receivables   4,054  
Credit card acquisition    
Financial income 8,144    
Transaction expenses
Financial expenses    
Revenue from financial investments
Interest and other financial expenses  
Selling expenses (1,796)    
Administrative expenses (12,571)
Other expense    
Total (6,168) 4,054
Banco Original [Member]      
Assets      
Cash and cash equivalents 13,837 68,881 4,212,893
Trade receivables 1,269 10,505 294,965
Financial investments 154,852 862,581  
Derivative instruments 27,572 54,187  
Consumer loans    
Other receivables 7,215
Total 197,530 996,154 4,515,073
Liabilities      
Trade payables 324   270,427
Third-party funds 27,702 21 50
Labor obligations    
Total 28,026 21 270,477
Revenues and expenses      
Commission – banking correspondent and marketplace [1] 124,132 156,070 220,447
Interest income from receivables    
Credit card acquisition   140,979  
Financial income    
Transaction expenses (1,060) (40,123) (17,279)
Financial expenses     (20,169)
Revenue from financial investments [2] 65,907 94,509 303,249
Interest and other financial expenses [3] (53,020) (29)  
Selling expenses    
Administrative expenses (19,030) 85,920 76,510
Other expense    
Total 116,929 437,325 562,758
Key Personnel [Member]      
Assets      
Cash and cash equivalents [4],[5]
Trade receivables [4],[5]
Financial investments [4],[5]  
Derivative instruments [4],[5]  
Consumer loans [4],[5]    
Other receivables [4],[5]
Total [4],[5]
Liabilities      
Trade payables [4],[5]  
Third-party funds [4],[5]
Labor obligations [4],[5] 1,125    
Total [4],[5] 1,125
Revenues and expenses      
Commission – banking correspondent and marketplace [4],[5]
Interest income from receivables [4],[5]    
Credit card acquisition [4],[5]    
Financial income [4],[5]    
Transaction expenses [4],[5]
Financial expenses [4],[5]    
Revenue from financial investments [4],[5]
Interest and other financial expenses [4],[5]  
Selling expenses [4],[5]    
Administrative expenses [4],[5] (24,444) (18,163) (18,457)
Other expense [4],[5]    
Total [4],[5] (24,444) (18,163) (18,457)
Others [Member]      
Assets      
Cash and cash equivalents [6]
Trade receivables [6] 75 22,547 15,882
Financial investments [6]  
Derivative instruments [6]  
Consumer loans [6] 83,352    
Other receivables [6] 266 35,583 45,519
Total [6] 83,693 58,130 61,401
Liabilities      
Trade payables [6]   9
Third-party funds [6] 6,189 24,446 127,633
Labor obligations [6]    
Total [6] 6,189 24,446 127,642
Revenues and expenses      
Commission – banking correspondent and marketplace 326 [6] [6]
Interest income from receivables   4,621  
Credit card acquisition    
Financial income [6] 245    
Transaction expenses [6] [6]
Financial expenses [6]    
Revenue from financial investments [6] [6]
Interest and other financial expenses [6]  
Selling expenses [6]    
Administrative expenses (61) [6] [6]
Other expense   (19,525)  
Total R$ 510 [6] R$ (14,904) [6]
[1] For the year ended December 31, 2025, the Group recognized revenues of R$ 11,988 (R$ 14,674 for the year ended December 31, 2024) related to the Credit Card Partnership Agreement, revenues of R$ 107 for the year ended December 31, 2025 (R$ 64,911 for the year ended December 31, 2024) related to banking correspondent services, revenues of R$ 58,839 for the year ended December 31, 2025 (R$ 14,535 for the year ended December 31, 2024 and R$ 13,616 for the year ended December 31, 2023) related to the API licensing agreement as well as revenues of R$ 53,198 for the year ended December 31, 2025 (R$ 61,950 for the year ended December 31, 2024) related to Credit Recovery Services. The Credit Card Partnership Agreement has a term of 10 years and will be automatically renewed for another five years, unless either party objects upon notice. For the year ended December 31, 2023, the Group recognized a revenue of R$ 154,880.
[2] For the year ended December 31, 2025 PicPay had financial investments placed with Banco Original, which generated financial income of R$ 65,907 (R$ 94,509 for the year ended December 31, 2024 and R$ 303,249 for the year ended December 31, 2023). Refer to Note 6 for further details.
[3] For the year ended December 31, 2025, the Group recorded an expense of R$ 0 (R$ 29 for the year ended December 31, 2024 and R$ 35 for the year ended December 31, 2023) related to interest with a bank account held at Banco Original, an expense of R$ 53,020 (R$ 0 for the year ended December 31, 2024 and R$ 20,134 for the year ended December 31, 2023) related to the Assignment of Rights Agreement.
[4] For the year ended December 31, 2025, the amount paid as compensation to key management, including short-term benefits and long term incentive plan was R$ 24,444 (R$ 18,163 for the year ended December 31, 2024 and R$ 18,457 for the year ended December 31, 2023). The amounts were recognized as expenses during the reporting period.
[5] Includes C-suite and Board of Directors.
[6] Includes close family members of key personnel, among others