05 - 10 - 2018 |
Hong Kong - October 5, 2018. Invoice financing company Capital Match, and SME current account platform Neat, announce today a tighter partnership between the two. This partnership will bring a total account management and financing solution to SMEs in Hong Kong.
Collaboration between the two Fintech companies means SMEs customers can now enjoy better and more cost-efficient offers from Capital Match and Neat.
Established in 2014, Capital Match is now one of the largest invoice financing platforms in Asia. To date, it has helped SMEs in Hong Kong and Singapore to secure over USD 78m (HKD 600m) of funding. In Hong Kong, it is difficult for SMEs to borrow enough from banks, which means cash-flow issues can have a big impact on SME owners. Capital Match solves SMEs’ cash-flow problems by purchasing outstanding invoices from SMEs.
Neat, rooted in Hong Kong, offers its Neat Business product, which is a modern alternative to a traditional corporate bank account for entrepreneurs, startups and SMEs who need a current account for their company. SMEs can open the account from anywhere in the world, online, in 10 minutes. Customers will receive a dedicated Hong Kong bank account number to transfer money in and out seamlessly.
“We are delighted with the opportunity to extend Neat’s current account solution to Capital Match customers”, said a spokesman from Neat. “Customers from Capital Match will enjoy discounts on card services, as well as a network of support services we are building for the SMEs.” In addition, clients of Neat can also enjoy exclusive discounts on origination fees for Capital Match products.
This collaboration will enrich the financing service offerings to both Capital Match's and Neat’s customers. Details of the promotional offer: Capital Match users can enjoy the first 6 months of expense card subscription fee waived upon successful account opening at Neat; please use promo code Capitalmatch6months. Neat users can enjoy up to 15% off on origination fee upon successful credit approval at Capital Match, with the promo code Neat15%OFF; for more details, please contact email@example.com.
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