Eduardo Chedid, CEO of PicPay: 60M Users, $1B Revenue, From Brazil’s Digital Wallet to a Banking Giant

Send us a text Miguel Armaza travels to Sao Paulo for an interview with Eduardo Chedid, CEO of PicPay, a Brazilian fintech giant that has quietly become one of the most important financial companies in Latin America. With 60 million customers and handling 11% of all Pix payments transactions in Brazil, PicPay has achieved profitability while maintaining hyper-growth—posting 61% revenue growth and 7× higher profits in 2024. In this episode, we discuss: How PicPay transformed from a digital wal...