← Embedded Finance Index 2026/Vendor

PagSeguro

Provider

PSP Card Issuing

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 3 companies across 2 categories.

pagseguro.com ↗Also analysed as a company — its own stack →

CategoriesPSP, Card Issuing
Rank#160 of 538 in PSP
Buyers3 companies
HeadquartersSão Paulo, Brazil
Founded2006

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Founders & story · from PagSeguro’s own dossier

PagSeguro started as a Brazilian merchant acquirer (Moderninha card readers for SMBs and micro-merchants) under UOL, then IPO'd on NYSE in 2018. The strategic pivot has been from pure acquiring to PagBank — a full digital bank stacking deposits, cards, lending, insurance, investments, and payroll-deductible credit on top of the merchant base. The current thesis is shifting revenue mix from merchant discount fees toward higher-margin credit and banking spreads.

Full dossier: PagSeguro’s own stack, layer by layer →

Who uses PagSeguro

3 companies disclose PagSeguro in their stack

Linx PagSeguro / PagBank Pagar.me

Buyer mix · 3 of 3 classified

Fintech / SMB banking · 1Infrastructure / Payments · 1Vertical SaaS / Retail · 1

LATAM · 3

What the disclosures say

Linx

“share.linx.com.br 'Sobre o Gateway Linx Pay' (Linx Pay gateway, PCI-certified, boleto + credit card); cliente.linx.com.br 'Linx DeliveryApp - Ativação Meios de Pagamento Online' (Stone Online Payment, Pagar.me Gateway with Cielo/GetNet/Rede/PagSeguro, Pix automático); adyen.com/partners/linx (Adyen technology partner i…”

PagSeguro / PagBank

“Regulatory footer explicitly states: 'A concessão de crédito é de responsabilidade dessas instituições, dentre elas o BancoSeguro S.A. e a Socinal – Crédito, Financiamento e Investimento S/A, que concede por si ou através de seu correspondente PagSeguro Biva Correspondente Bancário Ltda.' Homepage advertises FGTS antic…”

Pagar.me

“docs.pagar.me confirms Pagar.me operates as PSP and sub-acquirer with integrations to Stone, GetNet, Cielo, PagSeguro, ERede, SafraPay; homepage states 'Pagar.me é a tecnologia da Stone para quem vende online'.”

The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent PagSeguro? Claim this profile above to unlock your own full list.

What PagSeguro runs on · from its own dossier

The third-party providers PagSeguro itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose PagSeguro.

in-house

PagCorp

Full dossier with evidence for each layer →

Alternatives to PagSeguro

Other PSP providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Stripe782 buyers →Adyen278 buyers →PayPal153 buyers →Checkout.com113 buyers →Worldpay89 buyers →Mollie64 buyers →Braintree56 buyers →checkout56 buyers →

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An embeddable badge for PagSeguro’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

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PagSeguro — frequently asked

Which companies use PagSeguro?

3 companies disclose PagSeguro in their stack in the Embedded Finance Index 2026, including Linx, PagSeguro / PagBank and Pagar.me.

What does PagSeguro do?

PagSeguro is an embedded-finance provider in PSP and Card Issuing. It ranks #160 of 538 PSP providers by disclosed buyers.

What are the alternatives to PagSeguro?

The most-disclosed PSP alternatives to PagSeguro are Stripe (782 buyers), Adyen (278 buyers), PayPal (153 buyers), Checkout.com (113 buyers), Worldpay (89 buyers) and Mollie (64 buyers).

Where is PagSeguro headquartered?

PagSeguro is founded in 2006 and headquartered in São Paulo, Brazil.

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