NG.CASH raises $15M from Blockchain Capital for Brazil crypto expansion

By Khal · Sep 23, 2026 (55 minutes ago) · 1 min read

Editorial illustration: A large green wallet topped with a Brazilian flag forms a building connected to illuminated displays containing a chip card and linked translucent cubes. — AI-generated editorial illustration · AI-generated editorial illustration · Published Sep 23, 2026, 3:37 p.m. (55 minutes ago)

In brief

NG.CASH raised $15M in strategic funding led by Blockchain Capital on September 23.
Total funding reached $65M since the fintech's 2021 launch.
Capital will expand consumer credit products and digital asset services.
NG.CASH serves 10M users via accounts, prepaid cards, Pix payments, and savings.
Company pursuing Virtual Asset Service Provider license from Brazil's Central Bank.

Scaling Credit and Crypto in Brazil

NG.CASH's total funding reached more than $65 million since its launch in 2021. The new capital will fuel two core priorities: scaling consumer credit products and laying groundwork for digital asset services. The company has set an ambitious target of BRL 1 billion, or nearly $200 million, in credit originations by 2027.

Based in São Paulo and Rio de Janeiro, NG.CASH evolved from a YouTube channel with roughly 20 million subscribers into a full digital financial platform. It now offers accounts, prepaid cards, Pix payments, and savings products alongside an expanding suite of credit tools.

The company already holds regulatory footing. NG.CASH holds two licenses from Brazil's Central Bank: one as a payment institution and another as a direct credit society. The next regulatory milestone matters more than most.

The VASP License Play

NG.CASH is actively pursuing a Virtual Asset Service Provider license from Brazil's Central Bank, which would unlock digital asset services for its user base. Approval would position the fintech as one of the few Brazilian fintechs bridging payments, credit, and crypto regulation in a single entity.

This funding round follows a $26.5 million Series B closed in mid-2025 led by New Enterprise Associates, with participation from Monashees and Andreessen Horowitz. Blockchain Capital, the San Francisco-based firm backing this round, is one of the oldest and most recognized crypto-focused venture funds. Their conviction signals confidence in Brazil's fintech and crypto infrastructure maturation.