#Payments / Hong Kong fintech Neat extends Series A by a further $4 million

Neat, a Hong Kong-based fintech offering multicurrency accounts to SMEs and startups, has raised a $4 million extension to its $11 million Series A round closed in April.

After opening an office in Shenzhen in 2019 targeting Chinese exporters, Neat has just opened a new office in London and is set to kick off local operations in Western Europe to also serve the other side of the market: European entrepreneurs trading with China.

[CEO of Neat] … says Neat’s ultimate goal beyond cross-border money movement, is to provide small businesses with a wide-range of tools in payroll, accounting and supply chain logisitics to remove the friction from trading overseas.

https://www.finextra.com/newsarticle/36420/hong-kong-fintech-neat-extends-series-a-by-a-further-4-million?utm_medium=dailynewsletter&utm_source=2020-8-20&member=98434