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Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

JANUARY 18, 2024

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. The post Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks appeared first on The Fintech Times.

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

Fintech Finance

JANUARY 17, 2024

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. This helps us stand out against some VC-backed fintech players which have struggled with a lack of profitability.

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