Private Markets, Angel and Secondary Investing, Sacra

Sacra

Bringing transparency to private markets so investors, founders, and employees can build on conviction.

Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>Sacra estimates that Neo Financial hit an annualized revenue run rate of $115M in 2024, up roughly 40% year-over-year.</li><li>Neo Financial raised a Series D financing round of $362 million in Q3 2024, consisting of $112 million in equity plus $250 million in debt led by Tencent.</li><li>Neo operates a B2C/B2B2C hybrid model that monetizes through interchange fees, interest spreads, and management fees while maintaining an asset-light balance sheet.</li></ul>

Sacra estimates that Neo Financial hit an annualized revenue run rate of $115M in 2024, up roughly 40% year-over-year.Neo Financial raised a Series D financing round of $362 million in Q3 2024, consisting of $112 million in equity plus $250 million in debt led by Tencent.Neo operates a B2C/B2B2C hybrid model that monetizes through interchange fees, interest spreads, and management fees while maintaining an asset-light balance sheet.

Neo Financial

Primer: Neo Financial - 18 Jul 2025