Hong Kong digital bank Neat nabs tidy $2m funding
Hong Kong-based digital bank Neat has secured a new round of $2 million funding from Dymon Asia Ventures and Portag3 Ventures.
According to Neat, this investment will be used to unveil some new features and tools; and for recruitment.
For the features and tools, it offers a vote option on its website to create a “wishlist”. (A common ploy among new firms and banks.)
Currently sitting at the top are multi-currency accounts for businesses, international payments, and accounting integration
In terms of staff, its needs include a product manager, mobile developer, Android developer and financial controller.
The bank says it’s “committed to our mission to take away the obstacles entrepreneurs face in dealing with traditional financial institutions, and every update and upgrade we make is driven by our mission and by your feedback, suggestions and ideas”.
Along with the funding, it is looking to expand the scope of its Neat Business account.
It doesn’t offer specifics on this, so it seems to be more of a reminder that this platform is “an alternative to a traditional corporate bank account” for entrepreneurs, start-ups and SMEs who need a current account for their company.
Its other product is Neat Personal. Its accounts are fully mobile.
David Rosa is co-founder and a former MD at Citi. Igor Wos is the other co-founder. He is also co-founder of TofuPay.