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 […]
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.
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.
In SME News, our Founder and CEO Laurent Descout discusses the FX challenges SMEs face and how they’re tackling them.
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, […]
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.
In The Treasurer, our Founder and CEO Laurent Descout, explains how fintechs are helping to meet the demand for more efficient payment processes amongst small businesses by providing enhanced transparency, speed and simplicity.
Laurent Descout, Founder and CEO of Neo, speaks to AT Magazine about why treasurers should look to spread their deposits among multiple banking partners after the recent collapse of Silicon Valley Bank.
Laurent Descout, Founder and CEO of Neo, speaks to City AM about why three-quarters of UK small businesses are now looking to spread their deposits among multiple banking partners after the recent collapse of Silicon Valley Bank. This follows the publication of our report titled ‘Growing pains: the escalating cross-border payment challenges for SMEs’.
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 […]
Official foreign currency exchange partner
