Hong Kong FinTech Neat which supports SMEs has raised $11mn.
In Brief:
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The funding round included Visa, Pacific Century Group and Mass Mutual Ventures Southeast Asia.
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Visa is a new commercial partner for the FinTech.
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Neat serves over 500mn businesses globally.
What does this mean?
The funding will be used to further Neat’s international expansion. Last year it opened an office in Shenzhen to support Chinese exporters, and now it has opened an office in London. It seeks to help European businesses trading with China.