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NEON RAISES $80M IN ITS FIRST CREDIT CARD INVESTMENT FUND (FIDC)


Neon, a digital bank and FinTech firm whose mission is to better the lives of Brazilian workers, has disclosed that it has secured $80 million for its initial Credit Rights Investment Fund (FIDC) focusing on credit cards. With this investment, the overall equity fund rises to $170 million US, which is forecast to nearly treble.