What is Neon?
Founded in 2016, Neon operates within the dynamic financial services sector, offering a comprehensive suite of products including credit cards, investment services, personal loans, and payment solutions. The company aims to democratize access to financial tools for its user base, positioning itself as a key player in Brazil's evolving fintech landscape. Its strategic focus on providing accessible and integrated financial services has been a cornerstone of its development.
How much funding has Neon raised?
Neon has raised a total of $868.8M across 5 funding rounds:
Series A
$22M
Series B
$15.8M
Series C
$300M
Series D
$300M
Series E
$231M
Series A (2018): $22M, investors not publicly disclosed
Series B (2020): $15.8M led by General Atlantic
Series C (2020): $300M supported by General Atlantic
Series D (2022): $300M featuring BBVA
Series E (2025): $231M backed by International Finance Corporation, DEG, General Atlantic, and BBVA
Key Investors in Neon
International Finance Corporation
International Finance Corporation is a multilateral financial institution focused on mobilizing capital and expertise for sustainable development in emerging markets, providing financial solutions and advisory services to support private sector growth.
DEG
DEG is an investment company based in Germany that provides financing, advice, and support to private companies operating in developing and emerging countries.
General Atlantic
General Atlantic is a global growth equity firm specializing in providing capital and strategic support to high-growth companies across various sectors, including technology and financial services.
What's next for Neon?
With the recent influx of major strategic investment and substantial overall funding, Neon is poised for accelerated growth. The company is likely to leverage this capital to enhance its product development, expand its market reach, and potentially explore new service verticals. Strategic partnerships and technological advancements will be critical as Neon continues to scale its operations and solidify its competitive advantage in the fintech industry.
See full Neon company page