Neon

Neon is a Brazilian digital bank and fintech company founded in 2016 and based in São Paulo. The company aims to simplify the financial experience by combining technology and design, particularly for the underbanked working-class population in Brazil. Neon was the first digital bank in the country to operate without charging any fees, allowing customers to save approximately $200 annually on banking costs. Neon offers a range of services, including fully digital checking accounts, debit, credit, and prepaid cards, personal and payroll loans, and investment products. The bank also provides payment services, such as transfers via voice commands, and emphasizes financial education to help customers improve their financial literacy and credit scores. With around 12 million customers, Neon has established itself as a primary banking option for many, focusing on reducing financial inequality and promoting accessible banking solutions.