NG.CASH

NG.CASH, operated by NG CASH INSTITUICAO DE PAGAMENTO LTDA., is a Brazilian consumer financial technology company offering a mobile digital account marketed to a young, digital-first user base. Core features include a Pix account in the user's own name for instant transfers, an international prepaid Mastercard that can be personalized (physical and instantly issued virtual versions, with contactless and mobile tap-to-pay), a "Cofrinho" savings feature that pays 100% of the CDI interbank rate monthly, goal-based savings allocation, real-time spending tracking, bill and utility payments, and consortium-based credit for planned purchases. The account is positioned as usable by all ages, including minors operating with autonomy under supervision, and Pix can also be initiated through WhatsApp via messages, audio and images. The app is distributed on Android and iOS.

The company began as a real-time payments platform and has broadened into prepaid cards, device insurance, context-based installment plans, AI-driven financial tools and a conversational AI interface, many of them bundled into a core subscription. Following its August 2025 Series B, stated product priorities include regulated stablecoin accounts and context-driven underwriting intended to support users' longer-term financial goals.

NG CASH INSTITUICAO DE PAGAMENTO LTDA. (CNPJ 40.710.595/0001-93) is authorized by the Brazilian Central Bank as an electronic money issuer and also acts as a banking correspondent for boletos, utility bills, taxes and certain credit products under CMN Resolution 4,935 of 29 July 2021, working as correspondent for Banco BTG Pactual S.A. and QI Sociedade de Crédito Direto S.A.

Founding story

NG.CASH was created as a spin-off of Trampolin, a fintech incubated at PUC-Rio's Instituto Genesis, and was founded in February 2021 by PUC-Rio-affiliated founders: business administration student Mário Augusto Sá, Antônio Nakad (electrical engineering), Petrus Balhausen Arruda (mechanical engineering) and Prof. Luis Felipe Carvalho, joined by informatics students Gustavo Amaral, Pedro Moll, Rodrigo Lema, João Pedro, Leonardo Farina and Pedro Manhães. CEO Mario Augusto Sá and three other members of the founding team had previously built Trampolin, a Banking-as-a-Service startup acquired by StoneCo (NASDAQ: STNE); Sá also co-founded Neagle, one of Brazil's largest creator channels.

Business model

Consumer-facing digital account and card products, with several offerings bundled into a core paid subscription; the company also earns from payment and credit products distributed as a banking correspondent for partner institutions, and its app carries in-app purchases.

Subscription bundling of financial products (prepaid card, device insurance, installment plans, AI tools), plus distribution of credit and payment products such as consortium credit and bill payment as a banking correspondent for Banco BTG Pactual and QI SCD.

Traction

More than three million active accounts as of the August 2025 Series B announcement. The Google Play listing shows over 10 million downloads and roughly 171,000 reviews with a 3.8 average rating. Earlier, the company reported reaching 600,000 accounts within six months of its founding, with a team of 28 people at that time. Its founder-linked creator ecosystem, including the Neagle channel, is cited as generating millions of annual impressions.

Latest developments

In August 2025 NG.CASH announced a $26.5m Series B led by New Enterprise Associates, with 17Sigma founder and Ualá CEO Pierpaolo Barbieri joining the board. Proceeds were earmarked for products including regulated stablecoin accounts and context-driven underwriting.