PagSeguro Digital Ltd. Appoints Cleveland Prates Teixeira to the Board of Directors and Audit Committee , Effective January 1, 2019
December 21, 2018 at 01:31 pm EST
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PagSeguro Digital Ltd. announced that in a Board of Directors’ meeting held on December 18, 2018, Mr. Cleveland Prates Teixeira was appointed to the Board of Directors, effective January 1, 2019, and at the same meeting, elected to the Audit Committee. Mr. Teixeira is Managing Partner of Microanalysis Consultoria Econômica, having worked on economic issues and coordinated projects in financial, regulatory and competition affairs in various sectors of the economy, including consultancy to both national and international government agencies, such as the Applied Economic Research Institute, the United Nations Conference on Trade and Develoment and the World Bank.
PagSeguro Digital Ltd. is a disruptive provider of financial technology solutions focused primarily on consumers, individual entrepreneurs, micro-merchants, small companies, and medium-sized companies in Brazil. Its end-to-end digital ecosystem enables its merchants not only to accept payments, but also to grow and manage their businesses. It offers a two-sided ecosystem, providing banking and payments experience through a single interface, with one app, one platform and one customer support. Its digital banking ecosystem features its free PagBank digital account, under the brand PagBank, and offers about 40 cash-in methods and 13 cash-out options. Focusing primarily on individual entrepreneurs, micro-merchants, and small and medium-sized enterprises (SMEs), the Company offer a range of POS and mPOS devices specifically designed to fit their business needs. The Companyâs end-to-end payments ecosystem enables its customers to accept a range of online and in-person payment methods.