Tagged: neon

Ethereum Adoption: Neon EVM Integrates with Covalent, Enhancing Data Accessibility

Neon EVM, an Ethereum Virtual Machine operating as a smart contract on Solana, announced its integration with Covalent, marking a significant step forward for both platforms. Neon EVM’s recently launched platform “allows developers to use EVM developer tools and Ethereum’s compute layer to transact on… Read More

Ethereum (ETH) Apps on Solana (SOL) Supported with “High-Fidelity” Price Feeds via Pyth Network, Neon Foundation Partnership

The Neon Foundation, the Neon EVM ecosystem accelerator, has entered into a strategic partnership with Pyth Network, a “next-generation” oracle “designed to publish high-fidelity financial market data at sub-second latency to multiple blockchains.” Pyth Network is now “available to all protocols built on Neon. This… Read More

Brazilian Fintech Neon Raises $80 Million in First Credit Card Investment Fund

Neon, a Brazilian Fintech and digital bank, says it has raised $80 million for its first Credit Rights Investment Fund (FIDC). The credit card investment fund is focused on credit cards. Jamil Marques, CFO of Neon, said this 2nd fundraising by Neon endorses the strength… Read More

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… Read More

Neon, Brazil’s Newest Unicorn, Drives Innovation to Address Financial Inequalities

Neon, a Fintech firm and digital bank focused on “improving the lives of working Brazilians,” has announced an overview of the company’s growth and momentum that “led up to its recent US$300M Series D round, resulting in a valuation of US$1.6B and its achievement of… Read More

Brazil: Fintech Neon Talks Progress Following $300 Million Series D

Neon is reporting that revenue has grown by 3X while predicting it will grow 2X in 2022. This is following a Series D round that raised $300 million at a valuation of $1.6 billion. BBVA (NYSE: BBVA) provided the growth capital for Neon and agreed… Read More

BBVA to Invest $300M in Brazil’s Virtual Bank Neon

BBVA (NYSE: BBVA) has reportedly agreed to invest $300 million (around €263 million) in Neon, a Brazilian digital bank founded in 2016 that aims “to improve access to financial services for individuals, self-employed and small businesses in its country.” Neon claims 15 million registered accounts…. Read More

Switzerland based Fintech neon Secures an Additional CHF 5 Million, Investors to Receive Tokenized Participation Certifcates

Switzerland-based Fintech firm neon has reportedly secured 5 million CHF through a crowd investing campaign that lasted for less than an hour. 🚀 oder 🛸Das war wirklich Wahnsinn. Wir sind überwältigt! Der Staub setzt sich gerade und unser Adrenalin auch grad dazu….🙌💗 pic.twitter.com/jG7xSJj5Qd — neon… Read More

Switzerland based Fintech neon Secures 7 Million CHF from TX Group, Backbone Ventures, Others

Switzerland-based Fintech firm neon has secured 7 million CHF (appr. $7.78 million) from existing investors and has also launched a crowdfunding round for clients. The neon team notes: “Excessive fees, inflexible opening times, too much bureaucracy and complicated apps. To us, it was clear: it… Read More

Digital Banking: Neobanks like Nubank, Neon, and Uala are Now Key Players in South and Latin America Fintech Sector

The digital banking sector in South America has been growing steadily, with now over 30 neobanks in the region. Digital banking platforms currently serve more than 50 million consumers out of the region’s (approximately) 430 million residents, according to the latest data from Dutch Fintech… Read More

Brazilian Fintech Neon Secures $300 Million Through Series C Funding Round Led By General Atlantic

  Neon Pagamentos, a Brazilian fintech, announced on Wednesday it secured $300 million through its Series C funding round, which was led by General Atlantic, a global growth equity firm, with participation from BlackRock, as well as Vulcan Capital, PayPal Ventures, and Endeavor Catalyst, in addition to former… Read More

Swiss Challenger Bank Neon Scores €4.6 Million Through Latest Investment Round to Finance Growth

Neon, a Switzerland-based challenger banking startup, announced on Wednesday it scored €4.6 million through its latest investment round, which was supported by the existing investors, including Backbone Ventures, TX Group, the Schwyzer Kantonalbank innovation foundation and the “Höhle der Löwen” investors Roland Brack and Bettina… Read More

Swiss Banking App Neon Eliminates Extra Fees For Card Payments Abroad

Neon, a Switzerland-based mobile banking app, announced on Monday it is eliminating extra fees for card payments abroad. The company revealed the exciting news by stating the following: “To pay so much in fees while abroad is just not ok anymore. Card payments and cash… Read More

Report: Brazilian Digital Bank Neon Raises $95 Million

Brazilian Digital bank Neon has reportedly raised $95.27 million in a funding round led by Banco Votorantim and the General Atlantic fund. This is according to a write up in Estado. Neon claims a customer base of 2 million users. The additional funding will help… Read More

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