|
Zelig is pleased to announce that it acted as exclusive financial adviser to Neat, a Hong Kong-based FinTech company offering modern financial solutions to SMEs and startups, on its USD11m Series A funding round. Pacific Century Group led the round with participation from Visa and MassMutual Ventures, among others. With the investment, Neat plans to continue its international expansion to support businesses that trade across borders.
Neat’s vision is to enable the entrepreneur economy, starting with multi-currency business accounts that can be opened online with a 15-minute application, corporate expense cards, and the ability to send and receive money globally.
Additionally, Neat and Visa have entered into a strategic partnership, and in the next few months Neat will begin issuing Visa credit cards aimed at cross-border SMEs.
Neat aims to make international trade nearly frictionless by not only offering a way for customers to move money but also making use of a wide ecosystem of tools that automates their business processes (payroll, accounting, logistics, etc.) to ultimately enable anyone to run an international business with ease.
|
