Brazilian fintech Agibank raises 240 million dollars in scaled back New York IPO

Agibank has completed an initial public offering in New York, raising $240 million by selling 20 million shares at $12 each, a deal that values the company at $1.92 billion. The listing, which concluded on February 11, 2026, serves as a renewed access point for fintech firms from Brazil BR to reach capital markets in the United States US. This transaction occurred as the IPO window for Brazilian companies reopened in 2026 after a multi-year downturn.

Trading under the ticker symbol AGBK, Agibank is the second recent Brazilian fintech to tap into the U.S. markets. The process involved several major financial institutions, with The Goldman Sachs Group, Inc. GS, Morgan Stanley MS, and Citigroup Inc. C acting as the primary underwriters. The offering also included participation and interest from stakeholders such as Lumina Capital Management and Agiplan, the latter being part of the company's history under founder Marciano Testa.