v3.24.1
Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2023
Disclosure of cash and cash equivalents [line items]  
Cash and Cash Equivalents
14.
Cash and cash equivalents

As of December 31, cash and cash equivalents was as follow:

 

 

2023

 

 

2022

 

Own Balances

 

 

222,808

 

 

 

247,833

 

Merchant Clients Funds

 

 

313,352

 

 

 

220,259

 

Total

 

 

536,160

 

 

 

468,092

 

 

The Group reported cash on hand, demand deposits and other short term liquid financial instruments of USD 536,160 as of December 31, 2023, (USD 468,092 on December 31, 2022).

Own Balances represent the Group’s cash and cash equivalents, while Merchant Clients Funds includes freely available funds collected from merchant customers, that can be invested in secure, liquid low-risk assets until transferred to the merchant. As of December 31, 2023 , Merchant Clients Funds includes USD 59,900 pending to transfer to Own Balances (USD 38,119 as of December 31, 2022).