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Consolidation of subsidiaries
 12 Months Ended
Dec. 31, 2021
Consolidation of subsidiaries [Abstract]  
Consolidation of subsidiaries
On December 31, 2021
CompanyAssetsLiabilitiesEquityNet income (loss)
for the year		Ownership - %Level
PagSeguro Brazil23,863,783 15,250,100 8,613,683 1,136,230 99.99 Direct
BS Holding545,693 7,019 538,674 84,032 99.99 Direct
Pagseg648,175 5,870 642,305 (51,550)99.99 Direct
PSHC36 — 36 — 99.99 Direct
Pagbank180,053 9,385 170,668 (3,621)99.99 Indirect
Net+Phone375,347 103,424 271,923 (35,806)99.99 Indirect
Boa Compra456,934 243,905 213,029 14,271 99.99 Indirect
BCPS2,022 (52)2,074 258 99.99 Indirect
Biva SEC1,446,640 1,439,545 7,095 6,728 99.99 Indirect
Biva Serviços42,901 5,653 37,248 5,965 99.99 Indirect
Biva Corban21,200 5,446 15,754 12,912 99.99 Indirect
FIDC4,770,455 816,980 3,953,475 2,294,655 100.00 Indirect
TILIX13,972 1,573 12,399 5,017 99.99 Indirect
BancoSeguro10,320,430 9,807,767 512,663 73,489 100.00 Indirect
Yamí2,087 861 1,226 267 99.99 Indirect
Registra Seguro5,000 9 4,991 (9)99.99 Indirect
CDS10,057 5,583 4,474 (3,157)99.99 Indirect
Zygo2,013 4,278 (2,265)(9,597)99.99 Indirect
Moip787,659 596,429 191,230 10,070 100.00 Indirect
Concil2,390 3,080 (690)(2,832)100.00 Indirect
Pagseguro Chile7 — 7 — 100.00 Indirect
Pagseguro Colombia28 — 28 — 100.00 Indirect
PSGP México1 — 1 — 100.00 Indirect
Pagseguro Peru13 — 13 — 100.00 Indirect
On December 31, 2020
CompanyAssetsLiabilitiesEquityNet income (loss)
for the year		Ownership - %Level
Pagseguro Brazil20,089,735 11,716,120 8,373,615 1,238,345 99.99 Direct
BS Holding488,173 — 488,173 54,658 99.99 Direct
Pagseg Participações2 — 2 — 99.99 Direct
Pagbank Participações15,001 15,000 1 — 99.99 Indirect
Net+Phone340,829 33,100 307,729 (82,694)99.99 Indirect
Boa Compra431,624 268,731 162,893 29,751 99.99 Indirect
BCPS2,410 476 1,934 (205)99.50 Indirect
R2TECH12,511 1,639 10,872 8,864 99.99 Indirect
BSEC488,988 488,616 372 431 99.99 Indirect
BIVACO18,532 660 17,872 (193)99.99 Indirect
FIDC3,422,207 327,070 3,095,137 1,903,304 100.00 Indirect
TILIX8,361 979 7,382 (6,240)99.99 Indirect
BancoSeguro5,364,406 4,891,653 472,753 56,120 100.00 Indirect
Yamí1,453 489 964 834 99.99 Indirect
Registra Seguro5,000 — 5,000 (50)99.99 Indirect
CDS4,724 1,073 3,651 (1,430)99.99 Indirect
Zygo2,310 2,078 232 (1,652)99.99 Indirect
Moip741,689 560,536 181,153 9,207 100.00 Indirect
Subsidiaries are engaged in providing financial technology solutions and services and the corresponding related activities. PagSeguro Brazil has investments in the following companies:
•Biva Sec: The company’s main objective is to acquire and securitize credit solutions of PagSeguro Group, such as, loans and credit card operation.
•FIDC: FIDC is a Brazilian investment fund that was formed on October 4, 2017 to finance the growth of PagSeguro Brazil's early payment of receivables feature by acquiring payables to third parties held by PagSeguro Brazil, as assignor. PagSeguro Brazil consolidates the financial statements of FIDC, since the risks of default and the responsibility for the payment of expenses and administration fees related to the FIDC are linked to subordinated quotas held by the PagSeguro Brazil.
On March 29, 2018, third party investors contributed capital in the amount of R$20 million in FIDC, acquiring only senior and mezzanine quotas of the FIDC. On November 3, 2020 and November 1, 2021, the third party investors redeemed all of their capital related to the senior quotas and mezzanine quotas. On December 27, 2021 PagSeguro Brazil transferred 15% of their subordinated quotas to PagSeguro Digital. Therefore, as of December 31, 2021, FIDC was composed only of subordinated quotas, which are 100% owned by the PagSeguro Group.
•RegistraSeguro: On October 2, 2019, PagSeguro Brazil constituted the Company by investing R$5,000 in share capital. The company provides financial services and software developments related to financial market.
•MOIP: On October 31, 2020, PagSeguro Brazil acquired 100% of the share capital of MOIP. The company provides an online payment platform and end-to-end payment processing for e-commerce and marketplaces (Note 11).
•Concil: On August 12, 2021, PagSeguro Brazil acquired 100% of the share capital of Concil. The company's corporate purpose is to provide professional data processing services, application service providers, internet hosting services, technical support, maintenance and other services in information technology, licensing, and assignment of the right to use computing (Note 11).
•PagSeg: On July 15, 2020, PagSeguro Group constituted the company, a holding company incorporated under PagSeguro Digital, whose main objective is to acquire participations in other companies, commercial or civil, as partner, shareholder or quota holder, as well as the management of these holdings. PagSeg subsidiaries are:
•Net+Phone: The Company was mainly engaged in acquisition and selling POS devices and similar items and has focus on exploring and providing services of telecommunications in general, as well as the practice of any activities necessary or useful for the execution of these services;
•Boa Compra: Allows its clients to operate in cross-border transactions where the merchant and consumer are located in different countries across Latin America, Spain, Portugal and Turkey.
•BCPS: BCPS’s main activity is to serve as Boa Compra’s hub in Portugal and to handle part of its account management.
•CDS: On August 31, 2020, PagSeguro Brazil acquired 100% of the issued shares of CDS. Management expects that this acquisition will allow PagSeguro to expand product and services offering (note 11).
•R2TECH Informatica Ltda. (“R2TECH”): R2TECH's main activity was in the information technology industry, focused on the processing of back-office solutions, including sales reconciliation, gateway solutions and services and the capture of credit cards with acquirers and sub acquirers. On December 1, 2021, Boa Compra incorporated R2TECH.
•Biva Serviços: whose main objective is the intermediation among investors, financial institutions and credit borrowers via an electronic platform;
•Biva Corban: whose main objective is to structure peer-to-peer financing for small and medium enterprises following the crowdfunding model.
•BIVACO Holdings Ltda ("BIVACO”): BIVACO previous main objective was the intermediation among investors, financial institutions and credit borrowers via an electronic platform. On December 1, 2021, Biva Serviços reversely incorporated BIVACO.
•PagBank: On October 22, 2020, PagSeguro Group constituted the company, a holding company incorporated under PagSeg, whose main objective is to acquire participations in other companies, commercial or civil, as partner, shareholder or quota holder, as well as the management of these holdings. Pagbank subsidiaries are:
•TILIX: On December 5, 2018, PagSeguro Brazil acquired 100% of the share capital and obtained the control of TILIX. The company provides software development for managing payment solutions for B2C and B2B.
•YAMÍ: On August 9, 2019, PagSeguro Brazil acquired 100% of the share capital and obtained the control of YAMÍ. The Company provides a back-office platform for e-commerce and marketplace.
•Zygo: On July 23, 2020, PagSeguro Brazil acquired 100% of the issued shares of Zygo. Management expects that this acquisition will allow PagSeguro to expand product and services offering (note 11). ZYGO is a multisided customer engagement and loyalty platform that enables micro, small and medium sized merchants to acquire, engage and grow their customer base by offering customized marketing and loyalty programs and providing consumer insights and analytics.
•BS Holding: is a holding company whose main objective is to acquire participations in other companies, mainly related to banking and financial services, as partner, shareholder or quota holder, as well as the management of these holdings. On January 4, 2019, BS Holding acquired 100% of BBN Banco Brasileiro de Negócios S.A. (renamed BancoSeguro S.A. in February 2019).
•BancoSeguro holds a license to provide financial services and its main products are the deposits of PagSeguro Group customers and the service offering of banking solutions for other companies in the Group.
PSHC: On March 18, 2021, PagSeguro Group constituted this holding company incorporated under PagSeguro Digital and additionally, in third quarter of 2021, PagSeguro Group established four new subsidiaries under PSHC.
•Pagseguro Chile, Pagseguro Colombia, Pagseguro Peru and PSGP Mexico. These companies didn’t operate in the year ended December 31, 2021. Their main objective is to develop all kinds of operations directly or indirectly related to the creation, implementations, and maintenance of technological platforms for payments and especially about e-commerce or the internet in their countries. They may act, directly or indirectly as a facilitator and/or agent within payment systems and digital and electronic payment ecosystems.