Should the Neo-Bank Neon be sold – or not?

Neo-Bank Neon was founded in 2018 by Michael Noorlander, Simon Youssef, Julius Kirscheneder and Jörg Sandrock. Equipped with around one million francs from business angels from a first round of financing, Neon started in March 2019 pink and colorful in the market. Noorlander got out of the market a good year later, but kept his shares in the company during his personal exit. Additional capital – above all publicity – was given in June 2019, when…