Brazilian fintech Agibank has submitted documentation to pursue an initial public offering in the United States with a targeted raise of up to $785.5 million, the company announced on Thursday. The planned listing would place Agibank on the New York Stock Exchange under the symbol AGBK.
The company appointed Goldman Sachs, Morgan Stanley and Citigroup as global coordinators for the transaction. The filing comes amid early momentum in 2026 for companies advancing U.S. IPO plans, contributing to what market participants see as a developing pipeline of listings for the year.
Agibank's filing coincides with another notable move from Brazil's digital banking sector: the same day Agibank filed, rival PicPay completed its own public listing in New York. The simultaneous timing highlights continued interest from Brazilian fintechs in tapping U.S. capital markets.
Tracing its history back to 1999, Agibank began as Agiplan, founded by Marciano Testa while he was a college student. The firm was initially focused on serving segments that had been under-served in the Brazilian financial system, and has since evolved into a digital bank pursuing a U.S. listing.
Market participants will watch the offering size, the choice of coordinators and the decision to list on the NYSE as Agibank progresses through the IPO process. The company's filing and the simultaneous activity from another Brazilian digital bank contribute to broader attention on Latin American fintechs seeking access to U.S. investors.
Clear summary
Agibank has filed to raise up to $785.5 million in a U.S. initial public offering and will list on the New York Stock Exchange as AGBK. Goldman Sachs, Morgan Stanley and Citigroup are named as global coordinators. The filing occurred on the same day PicPay listed in New York. Agibank traces its origins to 1999 when Marciano Testa founded Agiplan to serve under-served customer segments.