Wallets/neon-bank
Neon (Banco Neon)
0 standards supported
Overview
Neon (Banco Neon) is Brazilian digital bank + BBVA Spain strategic investor + General Atlantic + Vulcan Capital + Pedro Conrade founder Aug 2016 + ~30M+ Brazilian customers 1, Brazil report.
History
Aug 2016 — Neon founded by Pedro Conrade in Brazil as Brazilian digital banking app distinctive Brazilian digital banking heritage.
Aug 2018 — Neon acquires Banco Pottencial license + becomes Banco Neon S.A. full Brazilian commercial bank.
Sep 2020 — Neon $300M Series C led by General Atlantic + BlackRock + Vulcan Capital + GIC Singapore.
Feb 2022 — Neon $300M Series D led by BBVA Spain as strategic investor.
Ownership & operator
Operating entity: Banco Neon S.A. (Brazilian digital bank; private).
Major shareholders: BBVA Banco Bilbao Vizcaya Argentaria (BME: BBVA + NYSE: BBVA; Spanish banking group) strategic investor + General Atlantic + Vulcan Capital + GIC Singapore + Pedro Conrade founder.
Regulators: BACEN + CVM.
Technical integration
Neon mobile app (iOS + Android; ~30M+ Brazilian customers) + neon.com.br online + Neon Mastercard credit + debit cards; Pix + Pix QR + TED + Boleto Bancário.
Implementations & partners
BBVA strategic investor: BBVA Spain App (BBVA Mobile Spain; BME: BBVA + NYSE: BBVA; Spanish banking group).
Major Brazilian + Latin American banking + payments competitors: Itau Unibanco (Itaú Unibanco; B3: ITUB4 + NYSE: ITUB; Brazil's largest commercial bank by assets + market capitalization) + Banco do Brasil (BB App) (Banco do Brasil; B3: BBAS3; Brazilian state-owned commercial bank) + Caixa Econômica Federal (Caixa Econômica Federal; Brazilian federal savings bank; ~145M+ Brazilian customers) + Bradesco (Banco Bradesco) (Banco Bradesco; B3: BBDC4 + NYSE: BBD) + Santander Brasil (Santander Brasil; B3: SANB11 + NYSE: BSBR) + Banco Inter (Inter&Co) (Banco Inter; B3: BIDI11; Brazilian digital bank; ~30M+ customers) + Nubank (Nubank Brasil; NYSE: NU; ~110M+ across Brazil + Mexico + Colombia) + C6 Bank (C6 Bank; Brazilian digital bank; JPMorgan Chase US strategic investor ~46%) + Banco Pan (Banco Pan; B3: BPAN4; BTG Pactual ~70% controlling; ~30M+ Brazilian customers) + PicPay (PicPay; Brazilian super-app wallet) + Mercado Pago (Mercado Pago; MercadoLibre group; Brazilian operations).
Regulators: BACEN + CVM.
Status
Active, Brazilian digital bank + BBVA Spain strategic investor + General Atlantic + Vulcan Capital + Pedro Conrade founder Aug 2016 + ~30M+ Brazilian customers 1, 2.
Sources
- 1 Neon — official
- 2 Neon — Wikipedia
- Brazil report In-corpus:
reports/countries/BR-brazil.md
Source
Biography extracted from neon-bank.md. See matrix.md for standards-support matrix if present.