NG.CASH Secures US$ 15 Million Investment Led by Blockchain Capital

NG.CASH has raised US$ 15 million in a strategic investment led by Blockchain Capital, bringing the Brazilian fintech’s total funding since its founding in 2021 to more than US$ 65 million. The company, which emerged from the creator economy, now serves more than 10 million users across Brazil.

From YouTube channel to financial platform

NG.CASH began in 2021 as an offshoot of a YouTube channel with 10 million subscribers. Since then, the channel has grown to 20 million subscribers, while NG.CASH has developed into a financial platform with more than 10 million accounts.

The company’s growth comes as venture firms increasingly look beyond an oversaturated U.S. market for category-defining companies in large international markets such as Brazil.

“Millions of young Brazilians have grown up without a financial platform built for the way they actually live and bank,” said Mario Augusto Sá, CEO and co-founder of NG.CASH. “Blockchain Capital's investment confirms NG.CASH is becoming that platform, the company building what comes next as money itself evolves in Brazil.”

Building financial access for underserved households

NG.CASH primarily serves users from middle- and lower-income households across Brazil. Many come from families in which parents have never had a bank account, making NG.CASH the first financial account opened by anyone in the household for many of its users.

The platform has also established a regulatory foundation in Brazil. The company holds two licenses from the Central Bank of Brazil: a direct credit society license and a payment institution license. Its application for a Virtual Asset Service Provider (VASP) license is currently in process.

Since its founding, NG.CASH has surpassed 10 million accounts, with billions of dollars already transacted through the platform.

Credit products drive NG.CASH’s growth

Credit has become a key component of NG.CASH’s expansion. The company’s products include Crédito CLT and Pix Crédito, which are contributing to the platform’s growth.

NG.CASH is targeting BRL 1 billion, equivalent to nearly $200 million, in credit originated by 2027.

The latest investment from Blockchain Capital provides additional backing as the company continues developing its financial platform for a growing base of Brazilian users.

“We've spent years looking outside the U.S. for the next generation of category-defining fintech companies,” said Kinjal Shah, General Partner at Blockchain Capital. “Brazil is exactly the kind of market we believe will produce them. NG.CASH has already proven it can build and scale a business young Brazilians actually use, and that's why exactly why we wanted to invest.”

NG.CASH positions for crypto and stablecoin adoption

The company’s origins in the creator economy have given NG.CASH a mass-market distribution model, evolving from a YouTube channel into a financial platform used by millions of people.

That background also positions the fintech to become one of the first movers in stablecoin and crypto adoption at scale in Brazil, as it continues building financial services for a new generation of users.