News: Neo in Tech EU

Barcelona-based corporate neobank Neo has hit profitability and says it is unlikely to need external funding to grow its business in Europe. The cross-border payments and FX fintech reported €1 million in profit in 2023, compared to a €1 million loss in 2022.

Cross-border payments fintech Neo hits profitability after year of rapid growth 

Barcelona and London, 17 January 2024 – Neo, the cross-border payments and FX fintech, has today announced that the firm is now profitable as an increasing number of SMEs explore alternatives to banks for managing their international business needs.  The Barcelona-based fintech which provides a one-stop-shop multi-currency account for corporate treasurers recorded an annual revenue in excess […]

Thought leadership: Laurent Descout in City A.M.

In City A.M., our Founder and CEO Laurent Descout comments on the Autumn statement and the Chancellor’s plans to merge R&D support schemes. It is essential for the growth of start-ups that SMEs are entitled to the highest rate of relief possible.

Thought leadership: Laurent Descout in Crowdfund Insider

In Crowdfund Insider, our Founder and CEO Laurent Descout highlights that SMEs are being let down by banks, as they pump on the brakes in providing credit.

Money 20/20 USA: What to expect at this year’s event

Money 20/20 is the world’s biggest, most influential gathering of the global money ecosystem, where visionaries, innovators, and leaders come together to discuss and explore the latest trends and developments in the financial world. This year’s event promises to be a special one and we’re looking forward to meeting fellow industry experts in Las Vegas, […]

Thought leadership: Laurent Descout in SME News

In SME News, our Founder and CEO Laurent Descout discusses the FX challenges SMEs face and how they’re tackling them.

News: Neo in Fintech Finance News

Neo, the cross-border payments fintech, has today announced it has cleared more than €10 billion through its corporate multi-currency accounts since launch in 2020. The firm which provides a one-stop-shop account for corporate treasurers has seen its cleared volume double in just under a year, reaching €5 billion in 2023 alone, reflecting growing demand from […]

News: Neo in Alt Fi

SME cross-border payments fintech Neo has now cleared €10bn in payments since its launch in 2020. The fresh milestone doubles the last €5bn figure that Neo passed in October 2022, less than 12 months ago.

Neo clears €10 billion as firms move to diversify banking partners 

Barcelona and London, 26th September 2023 – Neo, the cross-border payments fintech, has today announced it has cleared more than €10 billion through its corporate multi-currency accounts since launch in 2020. The firm which provides a one-stop-shop account for corporate treasurers has seen its cleared volume double in just under a year, reaching €5 billion in 2023 alone, […]

Thought leadership: Laurent Descout in The CFO

In The CFO, our Founder and CEO Laurent Descout discusses why it’s vital that CFOs and treasurers manage their deposits with multiple banks to mitigate the potential risks of a single point of failure.