Read the latest news about Neo.

Wolves extend partnership with Neo

Neo is proud to continue its partnership with Wolverhampton Wanderers FC as the Club’s Official Foreign Currency Exchange Partner for the 2025–2026 season. Following a successful first season, Wolves have extended their alliance with Neo as the club’s official foreign currency exchange partner. The partnership extension builds on a successful collaboration that began with Neo […]

Wolverhampton Wanderers FC appoints Neo as its Official Foreign Currency Exchange Partner

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.

New report finds that 95% of PSPs have had accounts closed or restricted by banks

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 […]

Money 20/20 Europe: Key themes to look out for

Team Neo is excited to be attending Money 20/20 this year in Amsterdam. Laurent Descout (Co-Founder and CEO), Emmanuel Anton (COO) and Ian Yates (CTO) will be at the conference, read what they are looking out for and how you can get in touch to book a meeting.   Money 20/20 is the world’s biggest, most influential […]

News: Neo in The Banker

Members of the European Parliament voted earlier this month to pass a new regulation, provisionally agreed last year, requiring payment providers in the Single Euro Payments Area to enable instant payments, capped at €100,000, in 10 seconds or under. The regulation provides a boon to an area that has struggled to take off. Experts believe […]

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 […]

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, […]

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.