PROJECT

Projects

Summary of Investment Information

Project Number

49886

Company Name

Neon Payments Limited

Date SPI Disclosed

Jul 31, 2024

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Aug 30, 2024

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Jun 28, 2025

Department

Equity Portfolio Management

Industry

Financial Markets

Previous Events

Approved : Sep 18, 2024
Signed : Jun 12, 2025
Invested : Jun 26, 2025

Sector

Commercial Banking - Consumer Finance

Project Description

The project consists of an equity investment for a minority stake in Neon Payments Ltd. (“Neon”, or the “Company”), a holding company that holds an equity interest in companies regulated by the Brazilian Central Bank that offer secured and unsecured credit, investments, insurance, and financial management tools to the Brazilian mass worker population. IFC is proposing up to US$15 million in preferred equity financing to support the Company’s operations.

                                                    

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation