Fintech startup Neat rolls out first Visa cards

Neat , a Hong Kong based fintech company which recently raised $11 million in a Series A round announced it has become a member of the Visa network and will issue its own Neat Visa card for businesses incorporated in Hong Kong. As a member of Visa, Neat is able to issue its own payment products, tapping into Visa’s global network and offering an enhanced customer experience.

Founded in 2015 and a team of ~ 75, Neat claims to be a modern alternative to a bank for startups and small businesses, featuring an online, more efficient way to open business accounts for multiple currencies, send and receive payments from different countries and apply for corporate credit cards.

With the new Neat Visa card, customers have more control over their business finances. They are able to set their own monthly spending limits, view enhanced expense tracking and set up instant transaction notifications. The Neat Visa card also gives customers 1% cashback on all purchases.

“Neat becoming a member of Visa is a true testament to the hard work of the team and the substantial investments we have made scaling up our company to offer a world-class customer experience. Our new Neat Visa card really gives SMEs the flexibility and control they need over their spending. We are proud to be helping SMEs and entrepreneurs grow their businesses across borders.” – David Rosa, CEO, Neat.

“Having access to commercial cards and products should not be limited to a handful of big corporations. The Neat Visa card can help small and medium sized businesses optimise their cash flow and tap into Visa’s global network and other exclusive business services. Visa is really excited to be part of Neat’s journey to bring better customer experience to SMEs and entrepreneurs in Hong Kong.” – Maaike Steinebach, General Manager, Visa Hong Kong and Macau.