US Stock Movement | Brazilian Digital Bank AGI(AGBK.US) Listed on the US Stock Market, Opening Down Over 6%

LootboxPhobia · 2026-02-11T18:24:18+00:00

Brazilian digital bank AGI officially listed on the US stock market on Wednesday, with the stock price dropping over 6%. AGI focuses on technology-driven financial services, with its core business being social security loans serving 6.4 million customers. The company was temporarily suspended from operations by the Brazilian social security agency due to violations. Revenue is projected to reach $1 billion in 2025.

LootboxPhobia

2026-02-11 18:24:18

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iFintech News APP has learned that on Wednesday, Brazilian digital bank AGI (AGBK.US) listed on the U.S. stock market. As of press time, the stock fell over 6%, trading at $11.25. The IPO price was $12. Founded in 1999, AGI is a technology-driven professional financial services provider in Brazil, with its core business being social security guarantee-based loans. As of September 30, 2025, the bank served 6.4 million active customers through 1,101 paperless, cashless, lightweight smart branches across 723 cities. In addition to personal loans and advances, AGI also offers fixed income securities and interbank loans. Notably, in 2025, Brazil’s social security agency imposed two temporary business suspensions on the company due to contract violations, non-compliance in operations, and specific commercial practices. Data shows that the company’s revenue for the 12 months ending September 30, 2025, was $1 billion.

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