How they describe themselves: Neo re-invents corporate banking from the ground up with a financial one-stop shop for CFOs.
Our solution gives access to virtual account management (VAM) coupled with extended Fx hedging capabilities (forwards, swaps, options).
From one place, corporates can manage their collections and payments in 30 currencies and hedge their Fx risk over 90 currencies.
Automation is at the heart of our solution in order to let users focus on strategic decisioning and reduce manual inputs.
Neo is a front-to-back solution. It is 100% proprietary.
Neo is regulated by the financial market authorities for advising and dealing in Fx derivatives.
How they describe their product/innovation: Our multi currency wallet combined with our Fx hedging engine offers a seamless solution to hedge in a click any type corporate Fx exposure. Neo account includes access to a wide range of Fx instruments (forwards, swaps, options) and pre-designed hedging strategies.
All our solution can be used via API in order to offer the highest grade of automation especially when it comes to digital clients such as E-commerce or marketplaces.
Product distribution strategy: Direct to Business (B2B), through financial institutions