Brazil · Financial services startup

Neon

Neon is a Brazilian fintech company that provides a fully digital payment account, aiming to simplify financial services for its users.

Funding reportedLast round: Series D

Financial servicesSao Paulo, Brazil

About Neon

Neon is a Brazilian fintech company that provides a fully digital payment account, aiming to simplify financial services for its users.

Founded in 2016 by Pedro Conrade, Neon has grown rapidly, reaching 15 million customers by 2021. The company operates as an Institution of Payment authorized by the Central Bank of Brazil and is recognized as one of the leading unicorn fintechs globally. Neon offers a range of financial products through its mobile app, including a fee-free digital payment account, credit and debit cards, investment options, and personal loans. The company emphasizes a user-friendly experience with features like instant account opening, cashback rewards, and integration with Brazil's instant payment system, Pix. Neon primarily targets working Brazilians, particularly those from socioeconomic classes C, D, and E, as well as young, tech-savvy individuals and entrepreneurs seeking accessible financial solutions.

What company datasets say Neon raised

Funding, as reported

Reported in all727.1Min the source's currency
Rounds6
Last roundSeries D
Last round size25M
Last round dateFeb 2022
Investors listed14

On 3 portfolio pages

Investors who name them

Each firm lists Neon on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

digital banking security featuresmobile paymentsfintech challengeruser experiencedigital paymentsconsumerscredit limit increase appmobile walletlower interest ratesbrazil financial technologyuser-friendly appdigital savings accountcredit approvalreal-time transactionscdb high yielddebit card

Built with from their website

GitHub ActionsServiceNowDockerAmazon SESAmazon DynamoDBGoogle Tag ManagerExcel ImpactAmazon CloudFrontGoogle SheetsGoCD

+8 more

TableauEnvoyWordPress.orgSalesforce Marketing CloudAWS Trusted AdvisorAtlassianMoodleWorkfront

Sector
Financial services
Industry code
NAICS 522110, SIC 6021
Region
State of Sao Paulo
Revenue
635M a year, as listed
Full record
Every detail in the company directory

Financial services in Brazil

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