v3.26.1
Consolidated Statements of Cash Flows - BRL (R$)
R$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of cash flows [abstract]      
Profit for the year R$ 1,141,606 R$ 251,788 R$ 37,355
Income tax and social contribution expenses (benefit) (824,267) 94,184 (35,688)
Financial assets (2,533,733) (146,008) (941,079)
Labor provisions 72,090 16,757 20,128
Derivative financial instruments 42,142 (54,187)
Share based long term incentive plan (LTIP) 205,640
Trade receivables and other receivables (1,926,527) (520,375) (62,352)
Depreciation/amortization 442,761 292,911 169,449
Consumer loans (13,091,432) (7,053,056) (533,162)
Provision for legal and administrative claims 108,850 16,328 10,255
Prepaid expenses (131,950) (69,616) (26,318)
Chargeback provision (32,582) (22,298)
Other assets (1,840,830) (1,160,877) (386,227)
Credit loss allowance 2,528,543 887,025 14,290
Third-party funds 11,355,574 6,891,698 4,263,635
Write-off / loss on disposal of intangible assets 91,879 5,201
Labor obligations and taxes payable 1,711,283 905,463 271,119
Loss or (gain) on disposal of property, plant and equipment 1,004
Trade payables and other obligations 2,504,774 2,745,519 266,373
Interest accrued on third party funds 439,765 1,317,486
Obligations to FIDC FGTS quota holders (12,092) 832,777
Interest accrued on consumer loans (2,727,191) (1,537,416) (27,297)
Legal and administrative claims 128,389 (9,907) (6,104)
Interest accrued on FIDC FGTS senior quotas 122,894 (3,245)
Interest received 1,953,489 500,758
Interest accrued on financial assets (585,607) (269,850) (240,580)
Interest paid (2,033,079) (1,325,623) (1,147,784)
Income tax and social contribution paid (757,853) (381,571) (85,251)
Variations in operating assets and liabilities      
Income tax and social contribution expenses (benefit) (824,267) 94,184 (35,688)
Financial assets (2,533,733) (146,008) (941,079)
Labor provisions 72,090 16,757 20,128
Derivative financial instruments 42,142 (54,187)
Share based long term incentive plan (LTIP) 205,640
Trade receivables and other receivables (1,926,527) (520,375) (62,352)
Depreciation/amortization 442,761 292,911 169,449
Consumer loans (13,091,432) (7,053,056) (533,162)
Provision for legal and administrative claims 108,850 16,328 10,255
Prepaid expenses (131,950) (69,616) (26,318)
Chargeback provision (32,582) (22,298)
Other assets (1,840,830) (1,160,877) (386,227)
Credit loss allowance 2,528,543 887,025 14,290
Third-party funds 11,355,574 6,891,698 4,263,635
Write-off / loss on disposal of intangible assets 91,879 5,201
Labor obligations and taxes payable 1,711,283 905,463 271,119
Loss or (gain) on disposal of property, plant and equipment 1,004
Trade payables and other obligations 2,504,774 2,745,519 266,373
Interest accrued on third party funds 439,765 1,317,486
Obligations to FIDC FGTS quota holders (12,092) 832,777
Interest accrued on consumer loans (2,727,191) (1,537,416) (27,297)
Legal and administrative claims 128,389 (9,907) (6,104)
Interest accrued on FIDC FGTS senior quotas 122,894 (3,245)
Interest received 1,953,489 500,758
Interest accrued on financial assets (585,607) (269,850) (240,580)
Interest paid (2,033,079) (1,325,623) (1,147,784)
Income tax and social contribution paid (757,853) (381,571) (85,251)
Net cash (used in) from operating activities (3,739,343) 2,290,544 1,566,968
Cash flows from investing activities      
Acquisition of subsidiaries net of cash acquired (7,946)
Acquisition of common control subsidiaries net of cash acquired (27,031)
Acquisition of property, plant and equipment (67,683) (60,809) (4,664)
Acquisition of intangible assets (616,658) (521,244) (497,434)
Acquisition of credit card operations (1,815,000)
Acquisition of FIDC PICPAY subordinated quotas (128,022)
Net cash (used in) investing activities (684,341) (2,525,075) (537,075)
Cash flows from financing activities      
Share Capital Increase 1,183,371 105,556
Issuance of non-controlling interests 230,000
Corporate reorganization (360,000)
Payment of leases (7,965) (8,402) (12,245)
Net cash from financing activities 815,406 327,154 (12,245)
Net increase (decrease) in cash and cash equivalents (3,608,278) 92,623 1,017,648
Cash and cash equivalents at the beginning of the year 7,471,673 7,379,049 6,361,401
Cash and cash equivalents at the end of the year 3,863,395 7,471,673 7,379,049
Net increase (decrease) in cash and cash equivalents R$ (3,608,278) R$ 92,623 R$ 1,017,648