Batista brothers’ PicPay valued at $2.5 billion as shares jump in Nasdaq debut

Jan 29 (Reuters) – Shares ‍of PicPay, controlled ‌by ‌the billionaire Batista family, jumped ​2.6% ‍in ​their Nasdaq ​debut ‍on Thursday, valuing the ‍Brazilian digital bank ‍at $2.53 ‍billion.

(Reporting ​by ​Ateev ⁠Bhandari in ‌Bengaluru; Editing by Shilpi ⁠Majumdar)