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Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

An increased bank diversification drive since the banking crisis which highlighted the risks of relying on one or two banking partners has also prompted company treasurers to diversify their banking pools and look to fintech providers as an alternative.

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

Fintech Finance

There has also been an increased bank diversification drive since the banking crisis which highlighted the risks of relying on one or two banking partners. This has prompted company treasurers to diversify their banking pools and look to fintech providers as an alternative.