Read the latest news about Neo.

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, […]

News: Neo in Treasury Management International

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 payments needs. 

News: Neo in IBS Intelligence

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.

News: Neo in Trade Finance Global

A new report by Neo, a provider of FX and payments services, reveals that SMEs continue to rely heavily on traditional banks for cross-border payments, leading to challenges in terms of cost and speed.

News: Neo in The Paypers

Neo, the treasury management, payments and FX fintech, has launched a report on SMEs’ cross-border payment challenges. Neo surveyed CFOs and treasurers at UK-based SMEs with cross-border operations, in a bid to query them regarding the obstacles encountered when transferring funds overseas and the risk management strategies that they employ. 

New report finds that SMEs are struggling with unfair pricing and slow cross-border payments 

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 […]

Neo in TechRound’s FinTech 50!

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 […]

Thought Leadership: Laurent Descout in Business Leader

Laurent Descout, CEO and Co-Founder of Neo, reacting to the UK Chancellor’s Autumn Statement which included tax increases and changes to the R&D tax credit scheme.

Neo clears $5 billion as global demand for frictionless payments increases

As of 31 August 2021, we have cleared more than $1 billion of transactions and facilitated payments in more than 30 currencies in near real-time.

News: Neo in Fintech and Finance News

Neo, the treasury management, payments and FX fintech, has cleared $5 billion through its multi-currency accounts as cross-border payment volumes increase globally. This compares to $1 billion in its first 15 months, reflecting a growing demand form clients for a fast, cost-effective and transparent alternative to the traditional banking model.