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Consolidated Statement of Cash Flows - BRL (R$)
R$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income (loss) for the year R$ 804,195 R$ 305,227 R$ (104,969)
Adjustments to reconcile net income (loss) for the year to net cash flows:      
Depreciation and amortization 163,396 92,333 57,208
Deferred income tax and social contribution 69,232 (17,770) 3,622
Loss on investment in associates 810 445 310
Other financial costs and foreign exchange, net 110,744 126,756 71,920
Provision for contingencies 9,420 778 424
Share-based payments expense 30,787 46,091 138,937
Allowance for expected credit losses 33,926 14,272 2,716
Impairment of intangible assets   4,764  
Loss on disposal of property, equipment and intangible assets 14,639 10,712 5,461
Fair value adjustment in financial instruments (17,446)    
Fair value adjustment in derivatives (12,099) (609)  
Remeasurement of previously held interest in subsidiary acquired   (21,441)  
Others   (416) (3,582)
Working capital adjustments:      
Accounts receivable from card issuers (4,779,467) (3,990,395) (1,774,348)
Receivables from related parties (1,132) 3,986 (7,052)
Recoverable taxes (67,791) (98,695) (33,709)
Prepaid expenses 2,603 (4,675) (6,418)
Trade accounts receivable and other assets (284,982) (36,855) (15,627)
Accounts payable to clients 245,866 570,132 210,251
Taxes payable 238,967 183,921 33,635
Labor and social security liabilities 39,713 59,069 15,892
Provision for contingencies (1,098) (22) (51)
Other liabilities (3,434) 50,910 24,734
Interest paid (268,453) (141,447) (47,501)
Interest income received, net of costs 1,191,136 514,788 147,444
Income tax paid (171,313) (87,442) (3,246)
Net cash used in operating activities (2,651,781) (2,415,583) (1,283,949)
Investing activities      
Purchases of property and equipment (333,568) (140,887) (140,982)
Purchases and development of intangible assets (66,381) (44,838) (21,283)
Acquisition of subsidiary, net of cash acquired   (2,940)  
Proceeds from (acquisition of) short-term investments, net (21,930) (2,557,312) (145,517)
Proceeds from the disposal of non-current assets 1,104 13,421 9,028
Acquisition of interest in associates (16,789) (4,549) (1,220)
Proceeds from the disposal of assets held for sale     300
Net cash used in investing activities (437,564) (2,737,105) (299,674)
Financing activities      
Proceeds from borrowings 2,958,838 746,909  
Payment of borrowings (801,849) (3,665) (11,655)
Proceeds from FIDC quota holders 1,640,000 10,000 2,053,273
Payment of leases (38,023) (14,296) (12,983)
Capital increase, net of transaction costs   4,229,153 529,014
Repurchase of shares (90) (142,440) (280,825)
Acquisition of non-controlling interests (923) (30,773) (223,399)
Dividends paid to non-controlling interests (4)    
Net cash provided by financing activities 3,757,949 4,794,888 2,053,425
Effect of foreign exchange on cash and cash equivalents 1,809 13,777 1,504
Change in cash and cash equivalents 670,413 (344,023) 471,306
Cash and cash equivalents at beginning of year 297,929 641,952 170,646
Cash and cash equivalents at end of year 968,342 297,929 641,952
Change in cash and cash equivalents R$ 670,413 R$ (344,023) R$ 471,306