Thought leadership: Laurent Descout in Trade Finance Global

Our CEO, Laurent Descout, recently wrote an article for Trade Finance Global looking at how increased euro transaction fees post-Brexit are driving treasurer interest in fintech.

Since Brexit, UK businesses and their EU clients have been hit with increased euro transaction fees which could potentially cost them millions. This comes despite the UK still being a ‘part of the geographical scope of the SEPA Schemes.’ Laurent Descout, co-founder and CEO of NEO, writes how it’s driving UK and European treasurers to explore new relationships with fintech.