In the 14 months since Neo launched, it has generated international bank account numbers (IBANs) for more than 200 corporates in Europe and made them ‘reachable’ to all the banks in the world over the SWIFT network.

Neo, the treasury management, payments, and FX fintech, today announced that it has cleared $1 billion through its multi-currency accounts, which went live in June 2020.

Neo, the treasury management, payments, and FX fintech, today announced that it has cleared $1 billion through its multi-currency accounts, which went live in June 2020.

Our CEO and Co-Founder, Laurent Descout, shared his views on the recent uptick in corporate FX hedging activity in Reuters. He said that supply chain disruptions, signs of rising inflation and uncertainty about the strength of the economic recovery should keep corporate FX hedging volumes elevated.

Has the pandemic transformed treasury? It’s easy to think that having to adapt to external circumstances will have a negative impact but many firms have used this opportunity to re-think and reset processes, and actually improve how they operate. Our co-founder and CEO, Laurent Descout, writes in Trade Finance Global about how the long-term impact […]