Premier League club Wolverhampton Wanderers FC has today announced the appointment of Neo, the cross-border payments and foreign exchange (FX) fintech, as its Official Foreign Currency Exchange Partner.
London, 9 October 2024 – A new report from cross-border payments and FX fintech, Neo, has revealed that 95% of Payment Service Providers (PSPs) have experienced their bank accounts being closed or restricted by their banking partners. Worse still, 71% reported that the closures or restrictions occurred with minimal transparency and no explanation from their bank. The […]
Get to know our Head of Anti-Financial Crime Álvaro Javier Sáez Moreno
Our CEO and co-founder, Laurent Descout featured in Payment Expert’s new ‘Payment Professionals’ series, offering insight into how his formative education years in France and the US helped shape him into the person he is today, as well as how the collapse of Silicon Valley Bank positively challenged him and the company.
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 […]
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, […]
London, 26th July 2023 – A new report from FX and payments provider, Neo, has found that SMEs still rely heavily on traditional banks and struggle with the cost and speed of cross-border payments as a result. The report entitled, ‘Growing pains: the escalating cross-border payment challenges for SMEs’, highlights that traditional banking partners are failing to meet SMEs’ cross-border […]
We’re delighted to be named in TechRound’s FinTech 50! We’ve been on a mission to rebuild corporate finance and take the pain out of corporate banking, since we started in 2017. With the use of proprietary technology through integrated systems, CFOs can not only simplify their tech stack and reduce their workload, but they can also gain real-time […]
Official foreign currency exchange partner
