NG.CASH raised $12.5M in a Series A round led by monashees and joined by Andreessen Horowitz, 17Sigma, Tekton Ventures, and Generalist Capital to expand its team, enhance its product portfolio, and support operational growth.
Amount Raised
$12.5 Million
Round Type
Series A
Sao PauloFinancial ServicesFinanceFintechLendingBankingInvestors
Description
Digital bank NG.CASH raised a $12.5M Series A round to expand its team, enhance its product portfolio, and support operational growth.
Quick answer
NG.CASH raised $12.5 Million in a Series A round, dated May 15, 2024. Investors: Generalist Capital, Tekton Ventures, 17 Sigma, Andreessen Horowitz and Monashees. NG.CASH is based in Sao Paulo, Sao Paulo, Brazil.
- How much did NG.CASH raise?
- NG.CASH raised $12.5 Million in a Series A round on May 15, 2024.
- Who invested in NG.CASH?
- Generalist Capital, Tekton Ventures, 17 Sigma, Andreessen Horowitz and Monashees are named as investors in this round.
- What does NG.CASH do?
- NG.CASH is a neobank providing financial services tailored to Generation Z, including bank accounts, prepaid credit cards, Pix payments, and cryptocurrency investments.
- Where is NG.CASH based and how big is it?
- NG.CASH is based in Sao Paulo, Sao Paulo, Brazil. Fundz records about 51 employees.
- Who are the decision-makers at NG.CASH?
- Fundz holds 2 contacts at NG.CASH. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as NG.CASH that raised within 45 days of this round, from Fundz verified event records.
- GBank Financial Holdings raised $3.3M on June 25, 2024.
- Shivalik Small Finance Bank raised $13M (Seed) on June 18, 2024.
- CBi Group raised $15M (Series A) on May 23, 2024.
- Battle Financial raised $37M (Seed) on May 1, 2024.
- Canza Finance raised $2.3M (Seed) on April 29, 2024.
- Blend Labs raised $150M (Series A) on April 29, 2024.
Who to call at NG.CASH, and when
A new round usually means NG.CASH is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day NG.CASH raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NG.CASH, from your own LinkedIn network
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Funding Insights
What this usually meansNG.CASH raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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