Funding
Seed · Fintech

NG.CASH raises $10 million seed round for youth finance app

Andreessen Horowitz and Monashees co-led the Brazilian fintech’s financing.

By RoundOS Funding desk

NG.CASH announced $10 million in seed financing on August 2, 2022, co-led by Andreessen Horowitz and Monashees.

17Sigma, Norte Ventures, Spacecaps and Los Grandes joined individual investors including Bernardinho, Pedro Franceschi and Henrique Dubugras.

The Brazilian company provides a digital wallet and payment services for younger users. It planned to use the funding to develop financial products, recruit staff and expand customer acquisition.

Use of funds

Develop financial products

Recruit staff and expand customer acquisition

Funding history

Seed · This round$10M

Sources

  1. NG.CASH seed2022 announcementgunder.com · Aug 2, 2022
  2. NG.CASH2022seed CEOinterviewforbes.com.br · Aug 2, 2022

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