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Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

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. It offers International Bank Account Numbers (IBAN) through which businesses can send and receive payments in 25 currencies.

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

Fintech Finance

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 is a very positive message for our shareholders, clients, supervisors and banking partners.