Hong Kong based digital banking for small busineses raised $2m seed round from Singapore-based investor Dymon Asia Ventures and Montreal's Portag3 Ventures
Fresh off a US$2 million funding round, Hong Kong-based digital banking startup Neat has launched its first product for small businesses. Singapore-based investor Dymon Asia Ventures and Montreal's Portag3 Ventures have put money into Neat, which was co-founded by former Citibank veteran David Rosa. Neat launched its personal banking service last year, offering a smart budgeting and savings app with a companion card, using facial recognition technology to authenticate customers at log-in. The firm is now making a play for SMEs and entrepreneurs. A beta period has already seen customers in more than 100 countries sign up for Neat Business but now the latest capital injection will be used to accelerate onboarding, as well as bring in more talent.