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 provided the growth capital for Neon and agreed to invest the $300 million this past February to boost the neo-banking platform. Neon is regulated by the Central Bank of Brazil, as a Payment Institution.

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