# NG Cash raises $15M led by Blockchain Capital

> NG Cash has raised $15 million led by Blockchain Capital. Pulse 2 reports the platform has more than 10 million accounts.

- Publication: Go Big News
- By Nifal Adam, Go Big News Staff (Staff News)
- Category: Finance
- Published: 2026-09-25T06:33:33.185+00:00
- Canonical: https://www.gobignews.com/finance/ng-cash-raises-15m-led-by-blockchain-capital

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NG Cash has raised $15 million in funding led by Blockchain Capital, Antonio Nakad said in a [post on X](https://x.com/nakadantonios/status/2102802486801449437). [Pulse 2](https://pulse2.com/ng-cash-raises-15-million-led-by-blockchain-capital-bringing-total-funding-to-over-65-million/) reports the round brings the company’s total funding to more than $65 million since 2021.

Pulse 2 reports the platform has more than 10 million accounts. At its Series B in August 2025, the company reported more than 3 million active accounts, a different measure than total accounts.

Nakad said that, for most users, NG Cash is the first bank account anyone in their family has had. CEO and co-founder Mario Augusto Sá said, “Millions of young Brazilians have grown up without a financial platform built for the way they actually live and bank.”

The São Paulo company offers consumer accounts, payments and credit products including Crédito CLT and Pix Crédito, according to Pulse 2. It has set a target of BRL 1 billion, or about $200 million, in credit originations by 2027. Pulse 2 also reports that NG Cash holds Central Bank of Brazil licenses as a direct credit society and payment institution, while its VASP license application is pending.

Blockchain Capital general partner Kinjal Shah said, “Brazil is exactly the kind of market we believe will produce the next generation of category-defining fintech companies.”

NG Cash previously raised a $10 million seed round in August 2022 and a $12.5 million Series A in May 2024, led by Monashees. In August 2025, it raised a $26.5 million Series B led by NEA.

The company says it serves mainly middle- and lower-income households and aims to be among the first movers on stablecoin and crypto adoption at scale in Brazil. Its valuation was not disclosed.

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## Companies in this story

- Ng: https://www.gobignews.com/company/ngcash

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## X profiles in this story

- @nakadantonios: https://www.gobignews.com/profile/nakadantonios
- @bcap: https://www.gobignews.com/profile/bcap
- @ngcash_: https://www.gobignews.com/profile/ngcash_