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Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

JANUARY 18, 2024

Cross-border payment and FX fintech firm Neo is celebrating profitability – as an increasing number of SMEs explore alternatives to banks to manage their international business needs. “This helps us stand out against some VC-backed fintech players which have struggled with a lack of profitability.

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

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. This has prompted company treasurers to diversify their banking pools and look to fintech providers as an alternative.

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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