After Buying MEI Fácil and Magliano Invest, What Does Fintech Neon Want to Be?

The entry of General Atlantic and BV, with a capital contribution of R$400 million, has expedited the fintech's ascent to join the dispute with investment platforms.

RIO DE JANEIRO, BRAZIL - By building an ecosystem to meet the diverse financial demands of its clients, fintech Neon is extending beyond the payments bearing its name. In late 2019, it bought MEI Fácil, a platform that provides services to microentrepreneurs, and on Thursday, July 16th, it announced the acquisition of Magliano Invest brokerage's license - the client portfolio and fund management had already been sold to Guide.

"The goal is to become the preferred center . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?