#DigitalBanking / Swiss Challenger Bank Neon Scores €4.6 Million Through Latest Investme nt Round to Finance Growth

… Neon describes itself as an account on smartphones. The company noted its “mobile without limits.”

“Excessive fees, inflexible opening times, too much bureaucracy and complicated, slow apps. To us, it was clear: it can’t go on like that. That’s why we built neon.”

Neon also noted it is a transaction account for everyday finances. There are no base fees, free Mastercard. All on smartphones and 100% independent… Neon positions itself as the Swiss solution for a mobile, inexpensive, and easy-to-use smartphone account.