NG.CASH raises $15M led by Blockchain Capital to expand credit and crypto services in Brazil
- —$15M round closed September 23; total funding exceeds $65M since 2021
- —NG.CASH is seeking a VASP license from Brazil's central bank for crypto services
- —Targets BRL 1 billion (~$200M) in credit originations by 2027
- —Already holds payment institution and direct credit society licenses
Why it matters: Expanding regulated crypto services in Latin America's largest economy could accelerate digital asset adoption across the region.
Source: Crypto Briefing