# Neon (Banco Neon)

> Source: https://docs.barcoder.ai/docs/wallets/neon-bank
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Neon — official](https://www.neon.com.br/)

## Overview

**Neon (Banco Neon)** is **Brazilian digital bank** + **BBVA Spain strategic investor + General Atlantic + Vulcan Capital** + **Pedro Conrade founder Aug 2016** + **~30M+ Brazilian customers** <sup>[1][1], [Brazil report](https://docs.barcoder.ai/docs/payments/BR)</sup>.

## 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](https://docs.barcoder.ai/docs/wallets/bbva-spain) (BBVA Mobile Spain; BME: BBVA + NYSE: BBVA; Spanish banking group).

**Major Brazilian + Latin American banking + payments competitors**: [Itau Unibanco](https://docs.barcoder.ai/docs/wallets/banco-itau) (Itaú Unibanco; B3: ITUB4 + NYSE: ITUB; Brazil's largest commercial bank by assets + market capitalization) + [Banco do Brasil (BB App)](https://docs.barcoder.ai/docs/wallets/banco-do-brasil) (Banco do Brasil; B3: BBAS3; Brazilian state-owned commercial bank) + [Caixa Econômica Federal](https://docs.barcoder.ai/docs/wallets/caixa-economica) (Caixa Econômica Federal; Brazilian federal savings bank; ~145M+ Brazilian customers) + [Bradesco (Banco Bradesco)](https://docs.barcoder.ai/docs/wallets/bradesco) (Banco Bradesco; B3: BBDC4 + NYSE: BBD) + [Santander Brasil](https://docs.barcoder.ai/docs/wallets/santander-brasil) (Santander Brasil; B3: SANB11 + NYSE: BSBR) + [Banco Inter (Inter&Co)](https://docs.barcoder.ai/docs/wallets/banco-inter) (Banco Inter; B3: BIDI11; Brazilian digital bank; ~30M+ customers) + [Nubank](https://docs.barcoder.ai/docs/wallets/nubank) (Nubank Brasil; NYSE: NU; ~110M+ across Brazil + Mexico + Colombia) + [C6 Bank](https://docs.barcoder.ai/docs/wallets/c6-bank) (C6 Bank; Brazilian digital bank; JPMorgan Chase US strategic investor ~46%) + [Banco Pan](https://docs.barcoder.ai/docs/wallets/banco-pan) (Banco Pan; B3: BPAN4; BTG Pactual ~70% controlling; ~30M+ Brazilian customers) + [PicPay](https://docs.barcoder.ai/docs/wallets/picpay) (PicPay; Brazilian super-app wallet) + [Mercado Pago](https://docs.barcoder.ai/docs/wallets/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** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.neon.com.br/ "Neon — official"
[2]: https://en.wikipedia.org/wiki/Neon_Pagamentos "Neon — Wikipedia"
[br-cro]: https://docs.barcoder.ai/docs/payments/BR

- [1] [Neon — official][1]
- [2] [Neon — Wikipedia][2]
- <sup>[Brazil report](https://docs.barcoder.ai/docs/payments/BR)</sup> In-corpus: `reports/countries/BR-brazil.md`

## Source

Biography extracted from [neon-bank.md](https://docs.barcoder.ai/source/wallets/neon-bank). See `matrix.md` for standards-support matrix if present.