Tamedia acquires stake in fintech start-up Neon
Tamedia continues to invest in the fintech sector and acquires a stake in the start-up Neon. Neon offers a banking solution as an app for smartphones.

After a paperless registration process with personal identification, users receive access to a bank account without a basic fee and also a free Mastercard. The account is opened at Hypothekarbank Lenzburg and thus offers deposit protection. Neon is backed by four founders (see picture above) with many years of experience in the banking world, and the company employs a total of ten people in Zurich and Munich.
Samuel Hügli, Member of the Management Board and Head of Technology & Ventures at Tamedia, said in a press release: "Neon focuses entirely on a simple and mobile banking solution that offers a high level of security despite its uncomplicated operation. The team has convinced us to support them in their further development and to invest in the idea. We are thus further expanding our fintech portfolio."
Jörg Sandrock, co-founder of Neon: "There is still a lot of potential for pure mobile banking in Switzerland, and this is where we wanted to start. Neon is an independent bank account that is consistently geared towards use with a smartphone for all everyday needs. We are very much looking forward to working with Tamedia and their expertise in setting up and expanding digital platforms."
Neon was launched in March 2019, with Walder,Werber responsible for the launch campaign (Werbewoche.ch reported).











