Chief Executive Antonio Soares billed the fundraising as probably the company’s last before it undertakes an initial public offering (IPO) in the United States. Should Conductor list on a U.S. exchange, it would follow in the footsteps of other Brazilian payments companies including StoneCo Ltd STNE.O and PagSeguro Digital Ltd PAGS.N. Both have performed well since listing in 2018, gaining 131% and 74%, respectively.

https://www.reuters.com/article/us-conductor-fundraising/brazilian-payments-firm-conductor-raises-150-million-eyes-u-s-listing-ceo-idUSKBN27F1F7