NEO CAPITAL VENTURES

CEO Laurent Descout brings over a decade of experience in asset structured finance and holds master's degrees in banking and finance. COO Emmanuel Anton has an extensive background in currency exchange platforms and project management, having worked for various banks and brokers in London and Paris. CTO Ian Yates has a history as a solution architect and developer for major financial institutions and consulting firms. The company is predominantly owned by its founders and core management, ensuring a strong alignment of interests with the company's long-term objectives. Neo has since achieved significant milestones, including processing over €20 billion in transactions and reaching profitability in 2023 with an annual revenue exceeding €5 million.

The firm's core business revolves around simplifying cross-border financial operations for a diverse client base that includes electronic money institutions (EMIs), payment service providers (PSPs), investment funds, and international exporters. Neo's business model is centered on providing a proprietary platform that integrates services typically fragmented across multiple banking providers. Revenue is generated from fees associated with foreign exchange transactions, international payments, and other treasury services. The platform operates on a self-funded basis, distinguishing it from many venture-backed competitors.

Neo offers a comprehensive suite of products designed for businesses managing global transactions. A key feature is the provision of a single, nominative IBAN in the company's name, enabling clients to manage, collect, and send payments in over 25 currencies across more than 100 countries via SWIFT and SEPA networks. The platform is built on a proprietary core banking system and is fully API-driven, allowing for the automation of treasury workflows. It offers live FX rates from multi-bank liquidity, spot and forward contracts for hedging, and real-time payment tracking through SWIFT GPI. Regulated by the National Bank of Spain and certified under ISO 27001, the company emphasizes security and compliance, with client funds safeguarded at A+ rated European and UK banks.