Card Receivables as an Asset Class: Invest in Brazil's Digital Payments Revolution

PagoPay: The Institutional-Grade Marketplace for Brazilian Credit Card Receivables

Unlocking a R$2.8 Trillion Opportunity
PagoPay has created Prax App, a regulated marketplace that transforms credit card receivables into tradeable institutional assets. By bridging the gap between SMBs needing liquidity and investors seeking yield, we're opening access to one of the world's most promising yet underserved payment markets.

The Innovation:
Our proprietary reverse auction platform operates under Central Bank Resolution 4,793/2019, allowing:

• Merchants to auction future card receivables at competitive rates

• Investors to access pre-vetted, high-velocity payment flows

• All parties to benefit from complete transparency and regulatory protection

Market Differentiation:

1. Technology: AI-driven matching engine optimizes pricing in real-time

2. Compliance: Full adherence to Brazil's rigorous financial regulations

3. Liquidity: Secondary market capabilities for asset repositioning

4. Scale: Connections to major acquirers and payment processors

Investment Thesis:

• Attach to Brazil's booming digital payments

• Superior risk-adjusted returns vs. traditional credit products

• First-mover advantage in institutionalizing card receivables

For institutional investors, PagoPay represents both a compelling short-term yield opportunity and a strategic stake in Brazil's financial future.