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- "BBVA’s investment and global expertise will allow Neon to offer loans in a more simple, sustainable and inclusive way. We want to reach more Brazilians, contributing to reducing inequalities and making a difference in their lives.
www.financemagnates.com/fintech/news/bbva-reaches-an-agreement-to-invest-300-million-in-neon/
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Feb 14, 2022 · Neon, the first 100% digital account in Brazil and one of the world’s leading unicorn fintechs, announces an investment of R$ 1.6 billion (US$ 300 million) in its series D round done in full by BBVA, a global financial services group, with leading franchises in Spain, Latin America and Turkey, among other markets.
Feb 14, 2022 · The Spanish financial services firm, BBVA announced today that the company has reached an agreement to invest approximately 263 million euros ($300 million) in the Brazilian digital bank, Neon. With fresh investment, BBVA will acquire a 21.7% stake in Neon.
May 19, 2022 · In February, Neon raised a $300 million Series D financing that valued the company at $1.6 billion, officially giving it unicorn status. Spain’s BBVA provided the whole amount, which is...
Feb 14, 2022 · BBVA has reached an agreement to invest $300 million (about €263 million¹) 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 has 15 million registered accounts.
Feb 14, 2022 · Spanish bank BBVA has increased its investment in Brazilian fintech Neon, acquiring a 21.7% stake in the neobank. Following the $300 million deal, BBVA’s participation in the firm totals 29.7%. Neon referred to the investment as a Series D round and, for the first time, described itself as a unicorn. “Neon, Brazil’s first digital account ...
Feb 15, 2022 · Spanish financial services company BBVA has invested $300 million in Brazilian digital bank Neon, as it seeks to gain a foothold in the country’s booming retail banking sector. BBVA has acquired a 21.7% stake in Neon, which, on top of its prior 2018 investment, brings its stake to 29.7%.
Feb 15, 2022 · BBVA has reached an agreement to invest $300 million (about €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.
