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Pedro Conrade
Founder at Neon
Pedro Conrade is the CEO and founder of Neon Pagamentos, a pioneering Brazilian fintech company. Here are the key details about his background:
Professional Background:
- Founded Neon in 2016 as a 100% digital banking platform
- Serves almost 20 million clients, making Neon one of the largest digital banks in Brazil and Latin America12
- Backed by blue-chip investment funds like Monashees2
Origin Story: At age 23, Conrade was inspired to create Neon after a frustrating banking experience. He was charged an excessive overdraft fee of R$1, which motivated him to develop a more transparent and user-friendly banking solution.3 Influenced by Simple Bank in the US, he envisioned a digital banking platform that prioritized customer needs and eliminated traditional banking pain points.3
Business Philosophy: Conrade believes in creating products "designed by clients, for clients" with a focus on:
- Providing technology that gives people control over their financial lives
- Offering digital accounts without queues and monthly fees
- Prioritizing customer needs in product development2
Education and Achievements:
- Studied at Harvard Business School4
- Successfully grew Neon from a startup to a major fintech company
- Known for resilience in navigating major business challenges13
Personal Approach: Conrade emphasizes the importance of: