NG.CASH has raised $52.0M in total across 4 funding rounds.
NG.CASH's investors include 8VC, AIX Ventures, Andreessen Horowitz, General Catalyst, HV Capital, Modern Venture Partners, monashees, NEO, Andrew Schoen, Greg Papadopoulos, New Enterprise Associates, Paradigm.
NG.CASH is a Brazil-based fintech company offering a digital banking platform tailored for Gen Z users, providing a digital account with prepaid Mastercard, PIX peer-to-peer payments, virtual cards, device insurance, context-based installment plans, and a conversational AI interface, all bundled under a core subscription model.[1][2][3][4][5] It serves young Brazilians seeking financial independence, solving barriers to accessible money management, financial education, and digital payments with over three million active accounts and strong growth momentum evidenced by a $26.5M Series B in 2025 following a $12.5M Series A in 2024 and $10M seed in 2022.[2][3][4][5]
Founded in 2021 in Rio de Janeiro, Brazil, by CEO Mario Augusto Sá, COO Petrus Ballhausen Arruda, and CMO Antônio Nakad, NG.CASH started as a real-time payments platform leveraging Brazil's PIX system.[1][3][4][5] The founders brought prior experience from Trampolin, a Banking-as-a-Service startup acquired by StoneCo, with Mario also co-founding a major Brazilian creator channel called Neagle, which helped leverage creator ecosystems for early traction and millions of annual impressions.[4] Pivotal moments include rapid expansion beyond payments to a full fintech suite and securing funding from top investors like Andreessen Horowitz, Monashees, and NEA, culminating in the 2025 Series B led by NEA with participation from Quantum Light (Revolut founder Nikolay Storonsky) and others, including new board member Pierpaolo Barbieri of Ualá.[2][3][4][5]
NG.CASH rides Brazil's explosive fintech wave, capitalizing on PIX's real-time payments revolution—which has transformed the market since 2020—and Gen Z's demand for digital-native banking amid economic volatility.[2][3][4] Timing is ideal in a country with 200M+ people, high smartphone penetration, and underbanked youth, where traditional banks lag; market forces like rising stablecoin adoption and AI-driven personalization favor its expansions.[2][3][5] It influences the ecosystem by proving scalable consumer fintech models, attracting global capital to Latin America, and inspiring peers through investor cross-pollination (e.g., Revolut, Ualá ties), potentially redefining financial autonomy for emerging markets.[2][4]
NG.CASH is poised to solidify as Brazil's leading Gen Z fintech icon, using Series B funds to roll out stablecoin custody, advanced lending, and AI underwriting, targeting even faster user growth beyond 3M accounts.[2][3][5] Trends like real-time global payments, crypto integration, and personalized finance will propel it, especially as Brazil's regulations evolve favorably. Its influence may expand regionally via investor networks, evolving from payments pioneer to full-spectrum wealth platform—echoing its mission to deliver financial freedom through cutting-edge, user-aligned innovation.[2][4]
NG.CASH has raised $52.0M across 4 funding rounds. Most recently, it raised $27.0M Series B in July 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2025 | $27.0M Series B | 8VC, AIX Ventures, Andreessen Horowitz, General Catalyst, HV Capital, Modern Venture Partners, monashees, NEO, Andrew Schoen, Greg Papadopoulos, New Enterprise Associates, Paradigm, TriplePoint Capital, Arash Ferdowsi, Chris Murphy, Daniel Krauss, Dominik Richter, Emmanuel Thomassin, Juan Pablo Ortega, Kaushik Subramanian, Mario Gabriele, Pedro Franceschi | |
| Apr 1, 2024 | $13.0M Series A | 20VC, 9Yards Capital, Kevin Hartz, Addition, Afore Capital, Andreessen Horowitz, Buckley Ventures, Cedar Capital Group, Force Over Mass Capital, Index Ventures, Kaszek Ventures, Khosla Ventures, Latitud, monashees, NXTP Ventures, SciFi VC, Section 32, Biz Stone, Karim Atiyeh, Martin Varsavsky, Philippe Teixeira da Mota, William Hockey | |
| Jul 1, 2023 | $2.0M Seed | Archetype, General Catalyst, Mechanism Capital, Seed Club Ventures, Charlie Songhurst | |
| Jul 1, 2022 | $10.0M Seed | 20VC, 468 Capital, 9Yards Capital, Kevin Hartz, Addition, Afore Capital, Andreessen Horowitz, Balderton Capital, Buckley Ventures, Canaan Partners, Canary Ventures, Cedar Capital Group, DST Global, Force Over Mass Capital, General Catalyst, HV Capital, Index Ventures, Kaszek Ventures, Khosla Ventures, Latitud, Lupa Capital, monashees, Andrew Schoen, NXTP Ventures, Picus Capital, SciFi VC, Section 32, Biz Stone, Chris Murphy, Daniel Krauss, Dominik Richter, Eduardo Gouveia, Emmanuel Thomassin, Israel Salmen, Juan Pablo Ortega, Karim Atiyeh, Kaushik Subramanian, Lea- Sophie Cramer, Mario Gabriele, Martin Varsavsky, Philippe Teixeira da Mota, Pierpaolo Barbieri, Ricardo Weder, Simon Borrero, William Hockey |
