Co-founder Pedro Conrade told Estadao that most of the new capital would go toward hiring people. He said he expects the company will have about 600 employees by year’s end, triple what it had in early 2019. He added that Neon will also explore expanding its product portfolio.

https://news.crunchbase.com/news/braziian-fintech-startup-neon-banks-said-to-have-banked-94m-from-general-atlantic-others/