NG CASH raises $15M led by Blockchain Capital for expansion
Summary
NG CASH, a Brazilian fintech targeting younger consumers, has secured $15 million in a funding round led by Blockchain Capital, raising its total investment to over $65 million since its establishment in 2021. This capital will aid the company in expanding its credit services, with ambitions of reaching nearly $200 million in credit originations by 2027. In alignment with Brazil's new regulatory environment, NG CASH is also pursuing a virtual-asset service provider license from the Central Bank, which is essential for fintechs aiming to offer stablecoin and crypto services as they prepare for the October 2026 filing deadline.
Analysis
NG CASH: NG CASH is a Brazilian fintech company focused on providing financial services tailored to younger consumers through digital accounts, payments, and credit products. It operates as a payment institution with licenses from the Central Bank of Brazil and has been expanding its credit offerings, including integrations with instant payment systems. The company is pursuing a virtual asset service provider license to add stablecoin and crypto services as part of its growth strategy. Blockchain Capital: Blockchain Capital is a venture capital firm specializing in investments across blockchain, cryptocurrency, and fintech infrastructure. It maintains an active portfolio in emerging market financial services and related technologies. The firm led the recent strategic investment round in NG CASH to support the Brazilian fintech's expansion into credit and virtual asset services. Regulation: Brazil's Central Bank began publishing the first virtual asset service providers entering the formal authorization process in September 2026 under the new licensing regime effective since February. Market Trend: Brazilian fintechs are advancing plans to incorporate stablecoin and crypto services while navigating the Central Bank's virtual asset licensing requirements ahead of the October 2026 filing deadline for existing operators.
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Related sources
- https://www.cbinsights.com/investor/crypto-currency-partners
- https://portaldobitcoin.uol.com.br/banco-central-divulga-primeira-empresa-de-criptomoedas-em-processo-de-autorizacao-no-brasil/
- https://pitchbook.com/profiles/investor/62119-72
- https://news.bitcoin.com/brazil-proposes-mandatory-24-hour-hold-on-large-crypto-stablecoin-transactions/
- https://grafa.com/en/news/crypto/brazil-proposes-stablecoin-hold-for-large-transfers
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- https://www.cbinsights.com/company/ngcash
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- https://defillama.com/raises/blockchain-capital
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- https://news.bitcoin.com/regulation-and-legal/only-four-crypto-exchanges-await-central-bank-approval-in-brazil/
- https://cryptobriefing.com/securitize-blockchain-capital-investments/
- https://www.crowdfundinsider.com/2026/09/311521-brazils-crypto-license-process-for-vasps-starts-slowly-with-one-early-denial/
- https://f4.fund/firms/blockchain-capital
- https://ptycoin.com/en/posts/2026-09-23-onda-finance-bcb-vasp-authorization/
- https://www.fincatch.com.br/post/ng-cash-aposta-na-transformacao-do-pix-em-plataforma-de-cr%C3%A9dito-e-lanca-solucao-integrada-para-nova
- https://pulse2.com/ng-cash-raises-15-million-led-by-blockchain-capital-bringing-total-funding-to-over-65-million/
- https://fcm.law/brazil-vasp-license/
- https://ground.news/article/only-5-companies-have-applied-to-the-central-bank-for-a-cryptic-licence-and-one-has-already-been-rejected_1dee39