Finance Breaking news Hong Kong fintech Neat extends Series A by a further $4 million last financial news

Breaking-Finance.Com - 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.

Finance Breaking news Hong Kong fintech Neat extends Series A by a further $4 million last financial news

Breaking-Finance.Com - 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.

Finance Breaking news Hong Kong fintech Neat extends Series A by a further $4 million last financial news
19 August 2020 - 08:05

Breaking-Finance.Com - 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. Existing investors MassMutual Ventures, Pacific Century Group, Linear Capital and Robby Hilkowitz as well as new investor Vectr Fintech participated in the Series A Extension. Mastercard and Visa both contributed to the April first round.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.

. David Rosa, CEO of Neat, comments: “Some of the world’s most successful companies were born during or just after the financial crisis of 2008, think of WhatsApp and Uber. The majority of businesses founded during Covid-19 will have a digital-first mindset, which means they will have an opportunity to start trading globally from day one."He 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.

Source = Breaking-Finance.Com

Financial breaking news

This news 24 hits received.

Finance Breaking news Hong Kong fintech Neat extends Series A by a further $4 million last financial news


Finance Breaking news Hong Kong fintech Neat extends Series A by a further $4 million last financial news


Finance Breaking news Hong Kong fintech Neat extends Series A by a further $4 million last financial news


Finance Breaking news Hong Kong fintech Neat extends Series A by a further $4 million last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news Barclays launches Eagle Lab Farm to boost UK agriculture last financial news
Finance Breaking news Barclays launches Eagle Lab Farm to boost UK...
Finance Breaking news FactSet agrees to buy ESG data firm TruValue last financial news
Finance Breaking news FactSet agrees to buy ESG data firm TruValue...