neon provides a fully digital Swiss bank account that combines a fee‑free current account, a debit Mastercard, and integrated money‑management tools in a mobile app. Users can make domestic and international payments, share accounts with a partner, and invest in stocks, ETFs, and crypto‑ETPs with transparent low commissions, while optional subscription tiers add benefits such as fee‑free foreign cash withdrawals and premium insurance.
Funding
$11.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Consumers in Switzerland face fragmented banking experiences that involve hidden fees, multiple apps for payments, transfers, and investments, and limited transparency in pricing. Traditional accounts often charge monthly fees and lack integrated tools for budgeting, shared finances, and low‑cost investing.
Solution
Neon offers a fully digital Swiss bank account accessible via a mobile app, combining a fee‑free current account, a debit Mastercard, and integrated money‑management tools. Users can make domestic and international payments, set up QR and eBill transactions, and send money abroad through a Wise integration with real‑market exchange rates and low service fees. The platform also provides built‑in investment capabilities, allowing trading of Swiss and international stocks, ETFs, and crypto‑ETPs with transparent, low commissions, as well as automated savings plans. Optional subscription tiers (Free, Plus, Global, Metal) add benefits such as fee‑free foreign cash withdrawals, travel insurance, and premium card materials, all with clear pricing and no hidden charges.
Target Audience
Neon targets digitally savvy Swiss residents who want a single, low‑cost solution for everyday banking, shared finances, and self‑directed investing, including individuals, couples, and small households.
Features
- Free current account with no monthly fee, Swiss IBAN, QR‑code and eBill payments
- Debit Mastercard (standard, premium metal) supporting worldwide contactless and online payments
- Integrated budgeting, analytics, and AI‑driven spending insights within the app
- Shared “neon duo” account with two cards, separate IBANs, and real‑time expense tracking for couples or roommates
- International money transfers via Wise integration at real‑market rates with a small service fee and up to 5 % cost savings versus traditional banks
- Investment platform offering over 240 Swiss stocks, 70+ ETFs, and selected crypto‑ETPs with 0.5 %–1 % trade fees and zero depot fees
- Automated monthly savings plans (Sparplan) with up to six assets, no purchase fees on selected products, and flexible adjustments
- Tiered subscription plans (Free, Plus, Global, Metal) providing benefits such as fee‑free foreign cash withdrawals, travel, cyber and shopping insurance, and premium card materials