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Neon

Fintech · Sao Paulo, BR

Brazilian digital bank.

Founders

Pedro Conrade (Brazil · ♂) — A 23-year-old business student furious over bank overdraft fees who founded Neon in 2016 to offer fee-free digital banking to underbanked Brazilians.
Jean Sigrist (Brazil · ♂) — Co-founder and president of Neon, who joined Conrade to build Brazil's fee-free neobank.

Funding history

Date	Round	Amount
Jul 2025	Series D Plus Neon closed a 720 million reais Series E (about $133 million) with IFC and DEG (KfW group) coming on board and participation from BBVA and General Atlantic.	$133.2M
Feb 2022	Series D Plus Brazilian neobank Neon raised a USD300M Series D led by BBVA, reaching unicorn status.	$300M

Investors

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BBVA DEG General Atlantic International Finance Corporation

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