Neon Revenue, Valuation, Funding & Investors

Félix is a Mexico City-headquartered fintech founded in 2022 offering chat-based remittances for Latinos in the United States sending funds to Latin America. The platform employs blockchain stablecoins and AI-driven verification for instant, low-cost transfers via WhatsApp integration. Services cover payouts to Mexico, Colombia, and other countries, streamlining traditional remittance corridors with mobile-first accessibility.

FPL Technologies is a Mumbai-based fintech developing credit card infrastructure for India's digital economy. Founded in 2018, it powers the OneScore app launched in 2021 for credit score management and lifecycle tools. The full-stack platform serves millennials via mobile integrations with 20 banks. FPL processes 1 million transactions monthly post-demonetization growth.

Boost is a Kuala Lumpur-headquartered fintech company operating Malaysia's leading e-wallet and lifestyle application. Launched in 2017 as a joint venture between Axiata Digital and Razer, it serves 7.5 million users through 170,000 merchant touchpoints for payments, bill settlements, and rewards. Boost processes transactions via QR codes and NFC, integrating with public transport fares and e-commerce platforms across Southeast Asia.

stc pay is a Riyadh-headquartered digital wallet application and subsidiary of stc Group in Saudi Arabia. Aligned with Vision 2030, it enables secure mobile payments, money transfers, and merchant connections using stc's telecom network. The platform covers daily transactions for consumers and businesses, including bill payments and QR code scanning.

Current is a San Francisco-headquartered fintech company offering a mobile banking app for underbanked Americans. The platform provides fee-free checking accounts, high-yield savings, instant transfers, and credit-building tools integrated with Visa debit cards. Launched in 2019, it supports over 5 million users with features like early direct deposit and family banking sub-accounts. Partnerships with Visa and Green Dot Bank underpin its infrastructure, while investments from Andreessen Horowitz and General Catalyst fuel expansions into teen banking and rewards programs.

Tyme Group is a Johannesburg-based digital banking group operating embedded finance platforms in South Africa, the Philippines, and Southeast Asia. The company delivers mobile-first banking services to consumers and small businesses through partnerships with retail chains like Pick n Pay and Robinsons.

Kapital is a technology-led financial institution serving small and medium-sized businesses in Mexico and Colombia. Its platform combines business accounts and credit with cash-flow visibility, expense management, invoicing, payroll and other operating tools, using data and artificial intelligence to automate underwriting and financial workflows. The company became a regulated bank through its acquisition of Banco Autofin México and later added Intercam's Mexican banking, brokerage, fund-management and fiduciary operations. These acquisitions expanded Kapital from a fintech lender into a broader financial group for business customers.

Kbank is an internet-only bank; it is pursuing a variety of non-face-to-face lending and deposit services and platform businesses. It leverages technologies like AI, cloud computing, and others to provide greater benefits and enjoyment, while streamlining complex procedures to maximize customer convenience. The group provides products such as Deposits, Loans, cards, and Others.

Chipper Cash is a fintech platform enabling instant cross-border mobile money transfers across Africa. Headquartered in San Francisco, California, and founded in 2017, the app supports fee-free remittances, bill payments, and savings accounts in countries including Nigeria, Ghana, Uganda, and Tanzania. Chipper Cash integrates with local wallets like MTN MoMo and Airtel Money, processing billions in transaction volume annually for millions of users.

Lumin Digital is a San Diego-headquartered developer of cloud-native digital banking platforms designed for banks and credit unions throughout North America. The company's core offering, Lumin X, powers retail and business banking with features for digital account origination, loan processing, and payment services. Administrative modules handle compliance, core integrations, and customer onboarding, while embedded analytics tools support fraud detection and personalized marketing campaigns. Serving over 100 financial institutions, Lumin Digital facilitates seamless mobile and web experiences that drive deposit growth and user retention. Recent expansions include API-driven partnerships with fintechs for embedded finance capabilities.

Wealthfront Corp is a technology company that built a financial solutions platform for digital natives. Its platform is designed to address the needs of the wealth builders within these generations.

Toss is a South Korean financial super app operated by Viva Republica, a company founded in 2011 by Lee Seung-gun. The app began as a peer-to-peer money transfer service in 2015 and now offers payments, credit scoring, loans, insurance, securities trading and banking. Its affiliates include Toss Bank, an internet-only bank launched in October 2021, and Toss Payments. Investors include Altos Ventures, Goodwater Capital, Kleiner Perkins, Ribbit Capital, Alkeon Capital and Tonic Private Equity. The company raised a USD 410 million round at a USD 7.4 billion valuation in June 2021 and acquired the Tada ride-hailing operator VCNC and the mobile operator Merchand Korea. It reported consolidated revenue of KRW 780.8 billion for 2021.

Allica Bank is a London-headquartered digital bank for UK SMEs, launched in 2020. It offers savings accounts, fixed-term deposits, loans, and overdrafts through an app-based platform. Backed by investors including TCV, Allica serves businesses with turnover between £3 million and £100 million, maintaining branches in Manchester and Leeds for relationship banking.

Flex is a financial technology platform combining business and personal finance tools. It offers fee-free business banking, high-yield savings accounts, and a credit card with deferred interest options. Available in over 180 countries with support for 32 currencies, Flex automates accounts payable using AI for bill scanning and fraud detection. The platform serves small businesses handling domestic and international transactions.

Raise Financial Services is a technology firm building platforms for trading, investing, and financial education targeted at informed consumers. It operates Dhan, a brokerage platform for stock and derivatives trading, and Upsurge.club, an online learning portal covering equity research and portfolio management. The company maintains a presence in India with offices in Mumbai. Raise Financial Services supports user growth through mobile and web applications that integrate real-time market data and educational resources.

Stori is a Mexican consumer fintech that issues credit cards and offers deposit accounts, personal loans and merchant card acceptance through a mobile app. It targets the mass-middle and emerging-middle income population that has little or no credit history. The company was founded in 2018 by Bin Chen, Marlene Garayzar and partners, launched its card in January 2020 and says it has served more than 3 million customers. It earns revenue from interest and interchange fees on card spending. Stori raised a US$125 million Series C equity round in November 2021, extended it with US$50 million of equity at a US$1.2 billion valuation in July 2022, and raised US$105 million of equity in August 2024 alongside US$107 million of debt. It bought the licensed deposit-taking entity MasCaja in 2023 to obtain a Sofipo license, and in 2025 announced that it was being absorbed into Savvi Financieros, a licensed Sofipo.

Inter & Co Inc operates as a digital bank. The company's segment includes Banking & Spending; Investments; Insurance Brokerage; and Inter Shop. It generates maximum revenue from the Banking & Spending segment which comprises a wide range of banking products and services, such as checking accounts, cards, deposits, loans and advances, and other services, which are available to the clients by means of Inters mobile application.

Wema Bank PLC is a commercial bank. The company offers retail banking, SME banking, corporate banking, treasury, trade services and financial advisory to its customers. Its services include granting of loans and advances, corporate finance and money market activities. The bank operates in four geographical regions: South-west, South-South, Abuja, and Lagos zones. Wema derives the majority of its revenues from Lagos.