NG.cash
Teen neobank; added crypto features.
- Who holds it
- An e-money institution holds your balance in a safeguarding account — Payment institution (Banco Central do Brasil, e-money issuer license, May 2025).
- The ledger
- The e-money institution’s own ledger.
- If it fails
- Safeguarded funds are returned in administration — ring-fenced, but access can be frozen and slow.
Derived from NG.cash’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional · gen z & students |
| HQ | Rio de Janeiro, BR |
| Founded | 2021 |
| Custody | Custodial |
| Regulation type | E-money institution |
| License detail | Payment institution (Banco Central do Brasil, e-money issuer license, May 2025) |
| Card | MC · Debit |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | Latin America |
Verified links: official site ↗
Common questions about NG.cash
What is NG.cash?
NG.cash is a fiat neobank built for gen z & students, headquartered in Rio de Janeiro, BR and founded in 2021. Your money is held custodially, so NG.cash or its partner bank holds the balance and you hold a claim on it. It is regulated as an e-money institution (Payment institution (Banco Central do Brasil, e-money issuer license, May 2025)).
Does NG.cash have a card, and where can you use it?
It issues a Mastercard debit card. It is available in Latin America.
Does NG.cash require KYC?
Yes. NG.cash requires identity verification (KYC) to open an account, as a e-money institution.
Peers
Wise · Nubank · Banco Inter · PicPay · PagBank · Nequi
NG.cash appears in
Neobanks authorised as e-money institutions (48) · Neobanks available in Latin America (113) · Neobanks for gen z and students (8) · Neobanks that issue a Mastercard (150) · Neobanks in Brazil (11)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.