Brazilian Fintech secures a Series C investment of $300 million

Neon Pagamentos, a leading Brazilian fintech, has secured a Series C investment of $300 million led by General Atlantic, a leading global growth equity firm. New investors participating in the round include funds and accounts managed by BlackRock, as well as Vulcan Capital, PayPal Ventures, and Endeavor Catalyst, in addition to former investors Monashees and Flourish Ventures. BBVA also participated via existing shareholder Propel Venture Partners. The investment will be split between two tranches of $150 million each. The Series C proceeds will be...

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