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Neon triples revenue in quest to become the biggest bank for Brazil’s working class

Neon was founded specifically with the mission of decreasing inequality in Brazil, which is known for having a large gap between the wealthier members of its population and lower income residents. Its focus is on the underbanked population of the Brazilian working class. In February, Neon raised a $300 million Series D financing that valued the company at $1.6 billion, officially giving it unicorn status.