Tagged: neo

Chancellor Jeremy Hunt’s Spring Budget Delivers Mixed Responses from Fintech Insiders

The Chancellor of the Exchequer, Jeremy Hunt, delivered the Spring Budget today, and once again, there was something for everyone to like or dislike. The budget is being described as a “Budget for long-term growth,” highlighting the expectation that inflation will move lower. Hunt said the… Read More

Barcelona’s Neo, the Cross-Border Payments and FX Fintech, Reports Steady Business Growth

Neo, the cross-border payments and FX fintech, has announced that the firm is now profitable as an increasing number of SMEs explore alternatives to banks for managing their international business needs. The Barcelona-based fintech which provides “a one-stop-shop multi-currency account for corporate treasurers recorded an… Read More

SMEs Are Being Let Down by Banks: NEO CEO

There have been reports on both sides of the Atlantic that some banks are pumping the brakes on providing credit to smaller businesses. While there are multiple reasons why this may be the case, a gap in lending has helped to boost alternative lending platforms… Read More

DeFi Adoption: Neo Unveils Ethereum Virtual Machine (EVM) Compatible Sidechain

Neo, the open-source, community-driven blockchain platform, revealed that development is underway on a new EVM-compatible sidechain that will enable developers “to deploy smart contracts, and open the Neo ecosystem up to a wide range of trading-specific use cases such as DeFi.” As a separate blockchain… Read More

Blockchain Firm Neo, Web3Labs to Drive DLT Innovation in Hong Kong via Accelerator Program

Neo contributes almost $8M HKD to nurture start-up projects and foster the development of Hong Kong’s Web3 industry. Winners from Neo’s APAC Hackathon will join “an accelerator program alongside candidates from Hong Kong’s leading Web3 developer base.” Neo, the open-source, community-driven blockchain platform where developers… Read More

Cross-Border Payments Fintech Neo Clears €10B as Firms Move to Diversify Banking Partners

Neo, the cross-border payments fintech, has announced it has cleared more than €10 billion through its corporate multi-currency accounts since launch in 2020. The firm which provides a one-stop-shop account for corporate treasurers has seen its cleared volume double “in just under a year, reaching… Read More

CEO of NEO Reflects on PM Rishi Sunak’s Vision of the UK Becoming a Tech and Science Superpower

At today’s opening of London Tech Week, Prime Minister Rishi Sunak said he sees the UK as an “island of innovation.” Sunak reported that the UK has created 134 unicorns in the last ten years, stating that the UK is one of the most “digitally… Read More

Fintech Firm Neo Financial Launches Hybrid Neo Money Card as a Debit Card Alternative

Neo Financial is announcing the launch of the Neo Money card, expanding on the benefits of the high-interest Neo Money account with credit-like rewards when you spend. In 2022, Canadians “saw the largest increase in inflation since 1982 resulting in almost half (44%) of Canadians… Read More

Spring Statement: Jeremy Hunt Aims to Boost Retirement, Tech Investment, and More – Fintechs Respond

Chancellor of the Exchequer Jeremy Hunt delivered the Spring Statement today, making several big announcements, including a huge change in retirement planning. Hunt said that the Conservative government’s approach to the economy is “on the right track” while noting they “remain vigilant” and will take… Read More

Autumn Statement: Chancellor Outlines Tough Future as Economy Now in Recession

Chancellor of the Exchequer Jeremy Hunt delivered the Autumn Budget today, and once again, there is a bundle of adjustments and announcements aiming to improve the UK economy that is struggling with high inflation, unsustainable energy costs, and a recession. The UK government has already… Read More

NEO Enters Ecosystem of Decentralized Identities with NFT-based Domain Name Service

The team at NEO are pleased to announce the launch of NeoNS — which is described as  the first Neo name service provider on Neo N3. NeoNS reportedly offers “a more streamlined, efficient and functional experience within the Neo ecosystem and beyond.” You can visit NeoNS… Read More

Neo Teams Up with Simplex by Nuvei, an EU-Licensed Financial Institution

Neo has announced a new partnership with Simplex by Nuvei, an EU-licensed financial institution that “empowers its vast network of partners to accept the widest range of payment methods.” This partnership will “provide users around the world with seamless onramps and offramps to NEO, GAS,… Read More

Metaverse GameFi Project Metaisland Joins Neo Global Development EcoBoost Program

Neo Global Development (NGD) has accepted Metaisland into the EcoBoost program. The multiplayer metaverse GameFi project is “the fourth project to join the EcoBoost program in 2022.” Through EcoBoost, Neo will “provide support and incubation opportunities to help the project enter the market.” In 2021, NGD… Read More

Blockchain Platform NEO Releases Latest Technical Development Report

The team at blockchain platform NEO have released their January technical development monthly report. As mentioned in the update: “Having delivered the milestone Neo 3.1 version in the final weeks of 2021, the core development team began the New Year at a more relaxed pace…. Read More

Blockchain Grants: New Funding Initiatives Announced to Support Software Development on NEO N3

The NEO blockchain developers noted that they are focused on building on a commitment to support application developers who make meaningful contributions to the Neo blockchain ecosystem. As mentioned in a blog post, Neo has introduced three different grant programs into the Eco Support ecosystem…. Read More

NEO Blockchain Developers Announce New Codebase Modifications, and Frontier Launchpad Results

The developers of NEO, a blockchain platform supporting an open network and smart economy, reveal that the Neo Frontier Launchpad winners were recently announced. Around two months back, the NEO team had put out a call for “trailblazers” who were “up to the challenge” of… Read More

Over $100,000 in NEO Prizes to Be Offered to Blockchain Developers Who Build on the Latest N3 Frontier DLT Platform

The developers of NEO Blockchain, one of the first enterprise-grade distributed ledger technology (DLT) platforms, recently revealed that they’ve arrived at a new frontier, called N3, the latest version and “most powerful” version of the Neo blockchain development platform. The NEO Blockchain developers explained that it… Read More

VC Firm Thomvest Talks Fintech: “Increasingly Complex Financial Transactions Are Moving Online”

Thomvest is a VC firm that is heavy into Fintech with investments in firms like SoFi and Figure or Kabbage and Creditjusto. Several investments (IE Kabbage and SoFi) have been successfully exited, while others remain portfolio companies. Overall, Thomvest touts 9 investments in unicorns and… Read More

NEO, a Blockhain Platform Offering Digitized Payments, IDs, and Assets, Now Supports Over 100 Decentralized Applications

NEO, which describes itself as a “rapidly growing and developing” blockchain ecosystem that aims to serve as the foundation for the next generation of the Internet (or Web 3.0), currently has a market cap of over $1.2 billion with each NEO token trading at over… Read More

Perspective: Managing Treasury Operations Safely and Securely from a Remote Environment

The events of 2020 have caused many people to reassess how they manage their businesses. Treasurers were forced into an unprecedented situation where they had to manage cash and international payments from suppliers and customers at a time of significant uncertainty and instability – all… Read More

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