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Neon Talks Progress Following $300 Million Series D
source link: https://fintechranking.com/2022/05/19/neon-talks-progress-following-300-million-series-d/
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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.
Read more: Crowdfund Insider
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