Agibank targets a USD 3.3 billion valuation for its upcoming US IPO.

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A Brazilian fintech company, Agibank, has disclosed plans for an initial public offering (IPO) in the United States with a targeted valuation of up to USD 3.3 billion.

On January 29, 2026, Agibank outlined that it aims to raise approximately USD 785.5 million through the IPO by issuing around 43.6 million shares at a price range of USD 15 to USD 18 per share.

Agibank’s US IPO: Schedule and Further Information

Historically, IPO activities for Brazilian companies have been limited due to high-interest rates and market volatility. However, the momentum is expected to rebound as more firms from the region seek a US listing at the start of 2026.

The US IPO market reached a peak towards the end of 2025 and into early 2026. Analysts predict increased investor interest following Federal Reserve rate reductions, leading to a strong number of listings this year.

Agibank’s application for the US IPO coincides with PicPay’s New York debut as another Brazilian digital bank. Agibank will trade on the New York Stock Exchange under the ticker symbol AGBK, with Goldman Sachs, Morgan Stanley, and Citigroup serving as global coordinators for its listing.

Operating a hybrid model, Agibank combines digital services with over 1,100 physical service hubs across Brazil. The company specializes in payroll-deducted and benefit-linked loans for retirees, pensioners, and salaried workers, addressing a segment often overlooked by traditional banks and purely digital companies.

This news follows Agibank’s previous IPO plans being delayed due to regulatory issues stemming from Brazil. In December 2025, the National Social Security Institute (INSS) in Brazil suspended payroll-deduction loans for retirees and pensioners, impacting a crucial aspect of the company’s operations. At that time, Agibank officials did not comment on market rumors but promised to provide updates as required.

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