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Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

Neo also saw cleared volume double in just under a year, reaching over €7billion in 2023 alone, highlighting the growing demand from businesses for alternative banking options. Being financially independent will help us continue to grow our success and enhance our offering as we rebuild corporate finance from the ground up.”

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

Fintech Finance

It also saw cleared volume double in just under a year, reaching over €7 billion in 2023 alone, reflecting growing demand from businesses for alternatives to traditional banks. Being financially independent will help us continue to grow our success and enhance our offering as we rebuild corporate finance from the ground up.”