Neat Team October 24, 2020 1:58 pm

We’ve Closed an 11M USD Series A!

We’re thrilled to announce today that we’ve officially secured our Series A funding round of 11M USD!

This round was led by the Pacific Century Group (PCG) with investments from other marquee investors such as VISA and MassMutual Ventures.

We’re proud to be adding these strategic partners to our group of investors and are super excited at working together towards our mission of Enabling the Entrepreneur Economy.

Pursuing global expansion to serve global entrepreneurs around the clock

Here’s a look at some of the exciting things this funding round is unlocking:

We’re investing further into customer support. We want to delight our customers around the clock.

At Neat we have defined 7 Core Values (more on this in a separate upcoming post).

The most important of our values is that “We prioritise our customers’ needs in everything we do”. As we step into the next chapter of our journey, we’re committed to delivering top quality customer support – always.

We’re developing the next generation of Neat Cards with Visa. 

Many of you have asked us for a full-fledged credit card, and we’re excited to share that it is in the works!

Our new credit card will be accessible to businesses of all sizes, whether you’re an established multinational or a burgeoning startup.

(This is just one of the many exciting new features on the roadmap, so watch this space!)

We’re building out a bigger presence in both Europe and the rest of Asia.

One of our strengths as a company is our solid connection between  Asia and Europe. We opened an office in London earlier this year and will continue to develop our team there. We’re also investing into business development resources for South East Asia.

Our ultimate goal is to help smoothen trade across geographies, and make cross border trade as accessible to a small company in the export business as it would be to a multinational.

We’re continuing to put a focus on pursuing relevant regulatory licences around the world.

This will enable us to continue building out new capabilities – ultimately to open more doors for our customers to do business more smoothly in more places.

We’re ready to take the next steps forward

“We believe in making cross-border trade a reality for ambitious entrepreneurs around the world. This capital injection is going to power our growth in enabling young businesses to operate smoothly between Europe and Asia – especially those in the export business. The success of this round has been a clear endorsement that we’re headed in the right direction.”

– David Rosa, CEO and Co-Founder of Neat

Lastly, we want to thank you: our customers, partners, and network of community builders that are supporting our vision of Enabling the Entrepreneur Economy. Big things are in the works, and we’re excited to have you with us on the journey.

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