PagSeguro Digital Ltd. (operating as PagSeguro and PagBank) is a Brazilian financial technology company that offers a complete digital payments ecosystem. Initially launched in 2006 by Universo Online (UOL), it began as an online payment gateway to democratize access to payment processing for e-commerce. The company has since expanded dramatically, offering a comprehensive suite of solutions including point-of-sale (POS) devices for in-person transactions, online payment processing, and a full-featured digital banking account called PagBank. Its mission is to disrupt the traditional banking and payments industry in Brazil by providing simple, affordable, and secure financial services, particularly for the underserved micro-merchant and SME segments.