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.

Who is the current CEO of Neon?

Pedro Conrade of Neon. They have also founded 2 companies and are an angel investors in 1 startup.

How many employees does Neon have?

As of May 31, 2026, the latest employee count at Neon is 1885.

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.

Is Neon a Banking Tech company?

The primary sector of Neon is Banking Tech.

Where does Neon rank among its competitors?

Neon ranks 3rd amongst 80 active competitors, of which 8 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Jeitto, which secured $6.8M in Oct, 2025.

Who are the top competitors of Neon?

Neon's top competitors include Nubank, Revolut and C6bank. Among them, Jeitto secured the most recent funding round in October, 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 & 21 more

Ranked

3^rd among 80 active competitors

Employee Count

1,885 as on May 31, 2026

Investment & Acquisitions

Magliano Invest & 1 more

Similar Companies

Dave & 500 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 22 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	-	-	-	-

Access funding benchmarks and valuations. Sign up today!

View details of Neon's funding rounds and investors

The founders of Neon are Pedro Conrade, Juan Moreno and Daniel Benevides. Pedro Conrade is the CEO of Neon.

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

Pedro Conrade: Co-Founder & CEO of Neon and founder of 2 other companies, Banco Neon and Neon. They are also an angel investor in 1 startup.
Juan Moreno: Co-Founder of Neon and founder of 2 other companies, EduJob and Edoo.
Contact Info: 1 phone number
Daniel Benevides: Co-Founder of Neon and founder of 1 other company.

View details of Neon's Founder profiles and Board Members

Neon's employee count trend

Neon has 1,885 employees as of May 26. Here is Neon's employee count trend over the years:

Uncover Neon's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Neon include Nubank, Revolut and C6bank. 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	Sequoia Capital, DST Global & 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 & 140 others	83/100
3rd	Neon 2016, Sao Paulo (Brazil), Series E	Provider of an online bank for consumers	$924M	BlackRock, Across Capital & 20 others	78/100
4th	C6bank 2018, Sao Paulo (Brazil), Series C	Internet first bank	$99M	JPMorgan Chase, TNB	75/100
5th	Agibank 1999, Porto Alegre (Brazil), Public	Internet-first bank license bank for individuals	$138M	Vinci Partners, Lumina Capital Management	72/100
6th	Banco BV 1988, Sao Paulo (Brazil), Funding Raised	Digital bank for individuals and businesses	-	IFC	62/100
7th	Inter 2010, Belo Horizonte (Brazil), Late Stage	Provider of digital banking and financial services	-	-	56/100
8th	Banco BS2 1992, Belo Horizonte (Brazil), Unfunded	Internet-first bank	-	-	55/100
9th	Jeitto 2014, Sao Paulo (Brazil), Series A	Digital bank for individuals and businesses	$2.92M	Accion, Rise Ventures & 3 others	52/100
10th	Banco Original 1968, Sao Paulo (Brazil), Funding Raised	Online banking platform offering digital services for users	-	TNB	45/100