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Ng.cash servicos financeiros Ltda

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Year established

2021

Location

Rio De Janeiro Brazil

Primary Industry

Financial Services

About

Founded in 2021 and based in Brazil, Ng.cash servicos financeiros ltda operates as a financial tech company that provides digital banks that helps individuals to manage their own money. In 2021, the company was founded by CEO Mario Augusto Sá, a previous YouTuber who ran a channel called Neagle, which was popular among young audiences in Brazil. In the very early stage of the company, It acquired clientele from Sá's audience base. In 2022, the company raised USD 10 million in seed round of funding led by Andreesen Horowitz (a16z) and Monashees. The company operates as a Fintech wallet app to complete instant payments, transfers, top-ups and shop discounts. The company generates revenue from card interchange fees, tickets and commissions on products. The company aims to bring NFT products to the market in the long term, as well as stablecoins.
Current Investors
Monashees Capital, Andreessen Horowitz, Norte Ventures

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Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.ng.cash
Verticals
FinTech, FinTech, Mobile Apps
Company Stage
Series A
Total Amount Raised
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