When was Neon founded?

Neon was founded in 2016 and became a unicorn in 2022.

Where is Neon located?

Neon is headquartered in Sao Paulo, Brazil.

How many employees does Neon have?

As of Jun 30, 2026, the latest employee count at Neon is 1909.

Is Neon a funded company?

Neon is a funded company, having raised a total of $924M across 10 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on 2016.

How much is Neon worth?

The latest valuation of Neon is $1.6B as of Feb 28, 2022.

When was the latest funding round of Neon?

Neon's latest funding was a $25M Series E round on Jul 10, 2025, with participation from 4 investors. Its primary sector is Banking Tech. In Brazil, the Banking Tech sector has seen $40M in funding in 2026 to date.

Is Neon a Banking Tech company?

The primary sector of Neon is Banking Tech.

Where does Neon rank among its competitors?

Neon ranks 13th amongst 1733 active competitors, of which 174 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Neon, which secured $25M in Jul, 2025.

Who are the top competitors of Neon?

Neon's top competitors include Nubank, Revolut and Monzo. Among them, Neon secured the most recent funding round in July, 2025.

Neon - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Neon operate in

Neon serves in the FinTech market segments.The primary business model of Neon is:

FinTech > Banking Tech > ***** **** > ***** ******

Company Details

Provider of an online bank for consumers. Its services include deposit accounts, money transfers, bill payments, NFC-enabled debit cards for online/offline purchases, and cash withdrawals. It offers an app-based platform that is available on iOS and Android stores.

Website: neon.com.br
Social
Email ID: *****@neon.com.br, *****@neon.com.br

Key Metrics

Founded Year

2016

Location

Sao Paulo, Brazil

Stage

Series E

Total Funding

$924M in 10 rounds

Latest Funding Round

Series E, Jul 10, 2025, $25M

Post Money Valuation

$1.6B as on Feb 28, 2022

Investors

General Atlantic & 22 more

Ranked

13^th among 1733 active competitors

Employee Count

1,909 as on Jun 30, 2026

Investment & Acquisitions

Magliano Invest & 1 more

Similar Companies

Chime & 511 more

View Neon's full profile

Neon has raised a total funding of $924M over 10 rounds. Its first funding round was on 2016. Its latest funding round was a Series E round on Jul 10, 2025 for $25M. 4 investors participated in its latest round. Neon has 23 institutional investors.

Here is the list of recent funding rounds of Neon:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 10, 2025	$25M	Series E	-	-	-	IFC, DEG, BBVA, General Atlantic
Aug 2024	$38M	Series E	-	-	-	-
Dec 2023	$64M	Series E	-	-	-	-

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View details of Neon's funding rounds and investors

The founders of Neon are Pedro Conrade and Daniel Benevides. Fernando Miranda is the CEO of Neon.

Here are the details of Neon's key team members:

Pedro Conrade: Co-Founder of Neon and founder of 2 other companies, Banco Neon and Neon. They are also an angel investor in 1 startup.
Daniel Benevides: Former Co-Founder of Neon and founder of 1 other company.
Fernando Miranda: CEO of Neon.
Contact Info: 1 email address

View details of Neon's Founder profiles and Board Members

Neon's employee count trend

Neon has 1,909 employees as of Jun 26. Here is Neon's employee count trend over the years:

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Top competitors of Neon include Nubank, Revolut and Monzo. Here is the list of Top 10 competitors of Neon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nubank 2013, Sao Paulo (Brazil), Public	Provider of digital banking services, including credit cards and accounts	$2.27B	DST Global, Sequoia Capital & 39 others	89/100
2nd	Revolut 2015, London (United Kingdom), Series E	Provider of banking solutions for retail customers and businesses	$1.99B	Balderton Capital, TCV & 148 others	86/100
3rd	Monzo 2015, United Kingdom, Series I	Provider of digital banking services including savings accounts and loans	$1.81B	General Catalyst, Passion Capital & 65 others	84/100
4th	Chime 2012, San Francisco (United States), Public	Digital bank for individuals	$3.15B	DST Global, Dragoneer Investment Group & 56 others	83/100
5th	Starling Bank 2014, London (United Kingdom), Series D	Provider of digital banking services including savings and payment accounts	$1.06B	Merian Global Investors, Goldman Sachs & 35 others	82/100
6th	Dave 2016, Los Angeles (United States), Public	Developer of a mobile banking application offering financial management tools	$63.6M	Norwest, Financial Solutions Lab & 18 others	81/100
7th	Atom bank 2014, Blyth (United Kingdom), Series F	Provider of digital savings accounts mortgages and commercial business loans	$852M	BBVA, Toscafund Asset Management & 18 others	80/100
8th	Green Dot 1999, Pasadena (United States), Acquired	Provider of mobile banking services, debit cards, and related financial products	$109M	TCV, Millennium Technology Value Partners ... & 6 others	79/100
9th	N26 2013, Berlin (Germany), Series E	Provider of mobile banking services, including savings, investment, and crypto	$1.72B	Valar Ventures, Allianz X & 48 others	78/100
10th	Albert 2015, Los Angeles (United States), Series C	All-in-one money app for budgeting, saving, spending, and investing	$174M	500 Global, Financial Solutions Lab & 22 others	78/100
13th	Neon 2016, Sao Paulo (Brazil), Series E	Provider of an online bank for consumers	$924M	Across Capital, BlackRock & 21 others	77/100