Thiago Alvarez

Thiago L. Alvarez is a prominent figure in the Brazilian financial services industry, currently serving as the Head of Open Banking Business Unit at PicPay, a leading digital payment platform in Brazil. He held this position from July 2021 until July 2023, where he played a pivotal role in transforming how Brazilians manage their finances and shop, significantly enhancing the country's Open Finance infrastructure through Guiabolso's proprietary technology. This initiative positioned PicPay as the largest payments initiator in Brazil.1

Professional Background

• Founder & CEO of Guiabolso: Before joining PicPay, Alvarez founded Guiabolso, which became Brazil's first open banking infrastructure and a widely used personal finance management tool. He successfully exited Guiabolso to PicPay in July 2021 after an impactful tenure of over 11 years.1
• Board Member of Open Finance Brasil: He also served on the board of Open Finance Brasil from August 2020 to July 2023, where he collaborated with the Central Bank to establish governance and standards for consumer data sharing and payment initiation across financial institutions.1
• Previous Roles: His earlier experience includes positions at McKinsey & Company as a Senior Engagement Manager and at Accenture as an Analyst.1

Education

Alvarez holds an undergraduate degree in Business from Universidade de Brasília and a Master's degree in Business from Pontifícia Universidade Católica de São Paulo, where he was recognized for his academic excellence.1

Skills and Languages

He is fluent in both Portuguese and English, which complements his extensive experience in driving innovation and improving financial services in Brazil.1

Overall, Thiago L. Alvarez is recognized for his contributions to the advancement of financial technology and open banking in Brazil, making significant strides towards democratizing access to financial services.