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On-Demand

Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

JANUARY 18, 2024

The Barcelona-based fintech provides a one-stop-shop multi-currency account for corporate treasurers and recorded an annual revenue of over €5million and an annual profit of €1million. As a result, 92 per cent of SMEs are having conversations about virtual account solutions such as digital wallets to help solve these problems.

Multi-Currency

Multi-Currency Cross-Border Payments Bank Identification Code Cross-Border

Cross-border payments fintech Neo hits profitability after year of rapid growth

Fintech Finance

JANUARY 17, 2024

The Barcelona-based fintech which provides a one-stop-shop multi-currency account for corporate treasurers recorded an annual revenue in excess of €5 million and an annual profit of €1 million. As a result, 92% of SMEs are having conversations about virtual account solutions such as digital wallets to help solve these problems.

Cross-Border Payments

Cross-Border Payments Cross-Border Multi-Currency FinTech

Payments Space

Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

Cross-border payments fintech Neo hits profitability after year of rapid growth

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