Digital Banking: Neon Hires Former Coinbase, Google Exec as CTO

Neon, a Brazilian digital bank, has hired André Madeira as the company’s new Chief Technology Officer (CTO). Madeira has previously worked at Google, Coinbase, and Snap and thus brings considerable experience to his new role. Madeira will be tasked with “transforming Neon into a technology-driven financial product powerhouse,” starting with the WFH or virtual work environment to be able to recruit top talent anywhere.

Madeira sold his AI-powered fintech startup Meemo last year to Coinbase where he recently oversaw crypto-related consumer-facing data products.

Madeira issued a comment stating that he was “captivated by Neon’s mission and impressed by its commitment to use technology to provide equitable offerings for the underbanked in Brazil while striving to deliver a first-class customer experience that has been reserved only for the wealthy.”

Neon says it plans to invest heavily in areas like large-scale data engineering, data science, distributed systems, and machine learning to create products that significantly improve and personalize the customer experience.

Neon adds that it plans to continue to hire in Brazil and expand the talent pool worldwide to add to its 1,800 employees.

Pedro Conrade, founder and CEO of Neon, lauded Madeira’s track record stating he looks forward to partnering with him on building a world-class team at Neon.

Neon is a Brazilian Fintech founded in 2016. Today it reports more than 15 million customers, both individuals and businesses. Neon recently was valued at $1.6 billion after its series D funding round, in which the Spanish Bank BBVA invested $300 million.

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