Executives & Board of Directors

Eduardo Chedid is the CEO of PicPay. He has more than 20 years of experience in electronic payment sector. Prior to joining PicPay, he was the CEO of Elo for 6 years and Commercial Vice President at Cielo. Chedid also served as a Vice President of Visa and was a Director of Credicard. With his vast experience, Chedid also made up the Abecs Council from 2015 to 2021.

Anderson Chamon is the Co-founder and Vice President of Products and Technology at PicPay. Chamon is an entrepreneur of digital business initiatives. In 2012, he founded PicPay with his partners to revolutionize the payment market and facilitate the way people deal with money, make purchases and communicate.

Andre Cazotto is currently the Investor Relations, Strategic Planning and M&A Executive Director of PicPay. Before joining the company he spent 3 years as the Investor Relations Director at PagSeguro Pagbank, leading the company to its IPO in January 2018, until today the largest IPO of a Brazilian Company in the US Market. He also spent 10 years at Cielo, working in Accounting, FP&A, Treasury and Investor Relations.

Andre holds an MBA from Insper and a bachelor’s degree in economics from Universidade Mackenzie.

Francisco Terra is currently our Chief Financial Officer. Mr. Terra started his banking career at Banco Citibank in 1988, going through several different areas. In 2005, he started to work at Banco Ibi S.A. Banco Múltiplo as Controller and remained in this position until 2008, when he assumed the position of Controller and Financial Planning Director. In 2009 the bank was acquired by Banco Bradesco S.A., whereby its name was changed to Banco Bradescard S.A. On that occasion, he was promoted to Officer, and in March 2020 he became an Officer of Banco Bradesco S.A. Mr Terra also served as a member of t he board of directors of Cielo (2014 – 2023), Livelo Brasil (2019 – 2023), Alelo Brasil (2019 – 2023), Banco Digiio (2018 – 2021) and Crediare S.A. (2014 – 2021).

José Antonio Batista Costa (Chairman) has served as our Chief Executive Officer and a member of our board of directors since February 2021. He is also PicPay Brazil’s Chief Executive Officer and chairman of PicPay Brazil’s board of directors. Prior to becoming PicPay Brazil’s Chief Executive Officer, Mr. Batista has served in diferente management capacities where he led multi-disciplinary teams and was responsible for strategic performance, finance and logistics in the investment and food industries, acting as PicPay Brazil’s Chief Financial Officer in 2018, vice- president of logistics and supply chain at JBS USA Food Company in 2018 and as an executive officer of JBS S.A. from 2011 to 2015. He has served as a member of the board of directors at Banco Original, Eldorado Brasil Celulose S.A. and Flora Produtos de Higiene. Mr. Batista holds a degree in business administration from Universidade Paulista – UNIP and is a professional investor (investidor profissional) under Brazilian law.

Raul Francisco Moreira (Member) has served as a member of our board of directors since April 2021. Since May 2019, he has served as executive officer of Banco Original in charge of information technology, products, operations and open banking. Mr. Moreira also serves on the board of directors of PicPay Brazil. From January 2017 to December 2018, he served as chief executive officer of Alelo S.A. a Brazilian financial services company, specializing in corporate benefits, incentives, and expense management. From September 2012 to January 2017, he worked at Banco do Brasil, where he served as vice-president of retail from February 2015 to January 2017. During his career,
Mr. Moreira has worked on various projects in the Brazilian electronic payments and digital solutions sector, including the creation of the payment scheme settlor Elo and the launch of various companies such as Livelo, a loyalty program company created by Bradesco and Banco do Brasil, Stelo, a digital payments company, Veloe, a payment app for tolls, shopping malls and parking lots, and Cateno, a payment processing company created by Banco do Brasil and Cielo. He has also served as chairman of the board of directors of Cielo and BB Seguridade and member of the board of directors of Elo Participações. Mr. Moreira holds a bachelor’s degree in information technology management from Unisul SC.

Eduardo Cruz (Independent Member) has served as an independent member of the board of directors of PicS Ltd. since February 2024. He has more than 30 years of experience in financial services as a senior banker with broad product and client experience as both a lead originator and execution specialist for significant transactions. Mr. Cruz was a Managing Director of Citigroup in New York for almost 20 years, having served as head of the Latin America Corporate and Investment Banking team. He also served as a partner of Goldman Sachs Group, working at their Investment Banking division and Vice President at J.P Morgan. Mr. Cruz holds a bachelor’s degree in chemical engineering with cum laude honors from Yale University and an MBA with honors at Harvard Business School.

Camila Farani Lima Porreca (Independent Member) has served as an independent member of our board of directors since February2021. She is also President of G2 Capital, Venture Partner at GAA Investment, Co-founder of Mulheres Investidoras Anjo – MIA (Women Angel Investors) and Founder and Board Member of Grupo Boxx. Ms. Farani is also an award winning Brazilian angel investor, panelist on Shark Tank Brazil, columnist for Forbes, Gazeta do Povo and Estadão and the founder of INNovaty Business Intelligence. Previosly, Ms. Farani served in diferente management capacities as President of Gavea Angels from 2016 to 2018, Chief Entrepreneur Officer at Sementi Fresh Food from 2014 to 2016, President of Associação Comercial do Rio de Janeiro – ACRJ from 2015 to 2016, Co-founder of Lab22 from 2012 to 2016, Board Member and Angel Investor of Gavea Angels from 2010 to 2015, Board Member of Committee of Young Entrepreneurs from 2012 to 2014, Founder of Farani Fresh Food from 2009 to 2014, Co-founder of Tabaco Café from 1996 to 2012, Co-founder and CEO of Verdano Fresh Foods from 2010 to 2011. Ms. Farani holds a law degree and MBA in Marketing from Pontificia Universidade Católica do Rio de Janeiro – PUC RJ, and specializations in Strategy and Innovation from the Massachusetts Institute of Technology High Growth Business Management from Babson College, Customer Development from Stanford University, and Women’s Leadership from Fundação Dom Cabral and Smith College’s Executive Education for Women.

Jackson Ricardo Gomes (Independent Member) has served as an independent member of our board of directors since March 2021. He has worked in the banking industry for more than 35 years, currently serving as board member and advisor in new digital financial companies (fintechs) and as angel investor in startups in Brazil and Portugal. Mr. Gomes worked at Banco Original from 2013 to 2016, serving as Chief Executive Officer from 2015 to 2016. Previously, he was responsible for the implementation of the risk management, compliance and control divisions at Banco Itaú, Where he worked for more than 20 years. Mr. Gomes has participated in several working groups organized by the IIF- International Institute of Finance to discuss Basel 2 and 3 regulations with the banking authorities at the BIS, from 2000 to 2011. Mr. Gomes holds an MBA from the University of Chicago Booth School of Business and na aeronautics engineering degree from the Aeronautical Institute of Technology in Brazil