Neon Pagamentos, Brazil’s answer to Revolut, cashed in on all the pandemic pandemonium to attract a $300m funding round last week.
Led by US private equity giant General Atlantic, the sum is the largest the São Paulo fintech start-up bank has received since its inception in 2016. Launched with a simple digital account, Neon has seen a 26% spike in new users since March, when the coronavirus crisis first hit.
