# Neon Pagamentos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neon-pagamentos-s-a

- Industry: Financial Services
- Headquarters: Sao Paulo, Brazil
- Website: www.neon.com.br/
- Total disclosed funding: $444M
- Latest round: Series E (Jun 26, 2025)
- Investors on record: 17

## About

Founded in 2016 and based in Sao Paulo, Brazil, Neon Pagamentos S.A., operates as a provider of a digital banking platform that allows users to access bank transactions including credit and debit cards, loans, investments, and cashback using a mobile app. In June 2025, Neon Pagamentos S.A. raised USD 27 million in series E funding from new investors International Finance Corporation and DEG, with participation from returning investors BBVA and General Atlantic. Other unspecified investors also participated in the round. The company offers various banking services that include credit, debit, and virtual cards, cashback, CBD Neon investment, personal loan, and payment services for businesses such as MEI Fácil. The company also provides various consumer services that include ticket payments, transfers, phone top-ups, and FGTS withdrawal (FGTS birthday withdrawal) - the feature allows customers to withdraw an amount from their balance, once a year, in the month of their birthday. Neon generates revenue trough the issuance of financial products and digital banking services. The company will use the June 2025 funding to support its further growth plans.

## Funding rounds

- Series E, Jun 26, 2025, $27M — General Atlantic, International Finance Corporation, DEG, BBVA
- Series C, Sep 1, 2020, $300M — General Atlantic, BBVA, Monashees, Vulcan, BlackRock, Endeavor Catalyst, Propel, Flourish Ventures, PayPal Ventures
- Series B, Nov 19, 2019, $95M — General Atlantic, Monashees, Banco Votorantim, Omidyar Network, Propel, Quona Capital, Flourish Ventures
- Series A, May 2, 2018, $22M — Monashees, Omidyar Network, Propel, Quona Capital, Yellow Ventures, Tera Ventures
- Seed, Dec 1, 2015 — Distrito Ventures

## Investors

- Distrito Ventures (https://capitalatlas.ai/funds/distrito-ventures) — Seed
- Monashees (https://capitalatlas.ai/funds/monashees) — Series A, Series B, Series C
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A, Series B
- Propel (https://capitalatlas.ai/funds/propel) — Series A, Series B, Series C
- Quona Capital (https://capitalatlas.ai/funds/quona-capital) — Series A, Series B
- Yellow Ventures (https://capitalatlas.ai/funds/yellow-ventures) — Series A
- Tera Ventures (https://capitalatlas.ai/funds/tera-ventures) — Series A
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series B, Series C, Series E
- Banco Votorantim — Series B
- Flourish Ventures (https://capitalatlas.ai/funds/flourish-ventures) — Series B, Series C
- BBVA — Series C, Series E
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series C
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series C
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series C
- PayPal Ventures (https://capitalatlas.ai/funds/paypal-ventures) — Series C
- International Finance Corporation — Series E
- DEG — Series E