About NG.CASH
NG.CASH is a company founded in 2021 by Antonio Nakad, Petrus Ballhausen Arruda, and Mario Augusto Sa. It operates as a FinTech. NG.CASH has raised $49.53 million across 4 funding rounds from investors including Monashees, Andreessen Horowitz and 17Sigma. NG.CASH offers products and services including Digital Account, NG.CARD, and Pix. NG.CASH operates in a competitive market with competitors including MoneyGram, RecargaPay, QIWI, PicPay and CarePay, among others.
- Founders Antonio Nakad, Petrus Ballhausen Arruda, Mario Augusto Sa
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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
*********
- Legal Name Ng Cash Instituicao De Pagamento Ltda.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$49.53 M (USD)
in 4 rounds
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Latest Funding Round
$26.5 M (USD), Series B
Jul 14, 2025
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Investors
Monashees
& 8 more
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Employee Count
Employee Count
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Products & Services of NG.CASH
NG.CASH offers a comprehensive portfolio of products and services, including Digital Account, NG.CARD, and Pix. 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.
A digital account is provided for all ages.
A personalized prepaid Mastercard is offered for transactions.
Instant payment service is enabled for unlimited transactions.
Unlock access to complete
Funding Insights of NG.CASH
NG.CASH has successfully raised a total of $49.53M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $26.5 million completed in July 2025. 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 4
- Last Round Series B — $26.5M
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First Round
First Round
(01 Jun 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series B - NG.CASH | Valuation | New Enterprise Associates | |
| May, 2024 | Amount | Series A - NG.CASH | Valuation | Monashees | |
| Aug, 2022 | Amount | Seed - NG.CASH | Valuation | a16z , Monashees |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 NG.CASH
NG.CASH has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Monashees, Andreessen Horowitz and 17Sigma. 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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Sectors like ad tech, food tech, logistics, services are targeted.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Agtech, food tech, SaaS, and blockchain are targeted by 17Sigma.
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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 NG.CASH
| 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 - NG.CASH
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Ng.Cash Comparisons
Competitors of NG.CASH
NG.CASH 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 MoneyGram, RecargaPay, QIWI, PicPay and CarePay, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Mobile wallet services for recharges and payments are provided.
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| domain | founded_year | HQ Location |
Consumer payments are enabled via a card-linked wallet app.
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| domain | founded_year | HQ Location |
Wallet-enabled payment solution for individuals and businesses
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Ng.Cash
Frequently Asked Questions about NG.CASH
When was NG.CASH founded?
NG.CASH was founded in 2021.
Who is the current CEO of NG.CASH?
Mario Augusto Sa is the current CEO of NG.CASH. They have also founded this company.
Is NG.CASH a funded company?
NG.CASH is a funded company, having raised a total of $49.53M across 4 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Jun 01, 2021.
What does NG.CASH do?
A digital banking solution is provided by NG.CASH, targeting the younger generation with services like instant payments via Pix, personalized prepaid Mastercard cards, and savings features. The platform is designed to be user-friendly, offering customization options and accessibility through mobile apps on Android and iOS. Operations are conducted as a banking correspondent for institutions like Banco BTG Pactual, focusing on bill payments and transactional services within the financial sector.
Who are the top competitors of NG.CASH?
NG.CASH's top competitors include MoneyGram, RecargaPay and PicPay.
What products or services does NG.CASH offer?
NG.CASH offers Digital Account, NG.CARD, and Pix.
Who are NG.CASH's investors?
NG.CASH has 9 investors. Key investors include Monashees, Andreessen Horowitz, 17Sigma, Tekton Ventures, and Generalist Capital.
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