China-based early stage venture capital firm Linear Capital has anchored a $3-million funding round for Hong Kong-based financial technology (fintech) firm Neat, which seeks to accelerate the release of new products and grow its team.
Neat is a mobile current account that claims to offer an alternative to the traditional banking model. Users get a dedicated Hong Kong bank account number, the ability to receive and send payments globally, and unlimited corporate MasterCard for online and offline spending and ATM withdrawals.
