About neon
neon is a company based in Zurich (Switzerland) founded in 2017 by Julius Kirscheneder, Simon Youssef, and Jorg Sandrock.. neon has raised $31.83 million across 6 funding rounds from investors including Helvetia, Tamedia and QoQa. neon offers products and services including neon App, neon Debit Card, neon Invest, and Savings Plan. neon operates in a competitive market with competitors including Brighty, Yuh, Fluid Finance and Oyoba, among others.
- Headquarter Zurich, Switzerland
- Founders Julius Kirscheneder, Simon Youssef, Jorg Sandrock
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.83 M (USD)
in 6 rounds
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Latest Funding Round
$6 M (USD), Series A
Oct 25, 2022
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Investors
Helvetia
& 8 more
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Employee Count
Employee Count
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Products & Services of neon
neon offers a comprehensive portfolio of products and services, including neon App, neon Debit Card, neon Invest, and Savings Plan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for managing accounts, payments, and investments securely.
Card for worldwide fee-free transactions and withdrawals.
Platform for automated savings and stock investments.
Tool for setting up monthly investments with low costs.
Unlock access to complete
Funding Insights of neon
neon has successfully raised a total of $31.83M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $6.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Series A - neon | Valuation |
investors |
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| Jun, 2021 | Amount | Series A - neon | Valuation |
investors |
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| Jun, 2021 | Amount | Series A - neon | Valuation | QoQa , Helvetia |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in neon
neon has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Helvetia, Tamedia and QoQa. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are made in Fintech and related sectors by TX Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by neon
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - neon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neon Comparisons
Competitors of neon
neon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brighty, Yuh, Fluid Finance and Oyoba, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Digital banking and cryptocurrency services are provided to users.
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Digital banking services for individuals are offered.
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| domain | founded_year | HQ Location |
A partnership-based digital banking platform is provided for users.
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| domain | founded_year | HQ Location |
Digital platform for cooperative banking, crowdfunding, and cryptocurrency investment opportunities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Neon
Frequently Asked Questions about neon
When was neon founded?
neon was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is neon located?
neon is headquartered in Zurich, Switzerland.
Is neon a funded company?
neon is a funded company, having raised a total of $31.83M across 6 funding rounds to date. The company's 1st funding round was a Series A of $9.91M, raised on May 03, 2019.
What does neon do?
It provides a mobile app to manage card transactions. It offers a login code or Touch ID to access the account. It allows users to authorize payments with a separate transaction PIN. Users can manage payroll accounts, pay bills, and transfer money using the card. The application is available on Android and iOS platforms. It comes with variants for three different types of accounts with one being free account, one carbon-neutral green account, and one metal account.
Who are the top competitors of neon?
neon's top competitors include Brighty, Yuh and Fluid Finance.
What products or services does neon offer?
neon offers neon App, neon Debit Card, neon Invest, and Savings Plan.