Hong Kong founded payments fintech

 

Project

Neat is a Hong Kong founded FinTech that works with fast-growing start-ups and SMEs that require global payments solutions. They came to KorumLegal for support setting up their legal function, as their reliance on external counsel for all legal work was becoming cost prohibitive.

 Solution

KorumLegal provided Neat with a senior consultant, who had Hong Kong and wider APAC experience in the payments and FinTech space.  The consultant started by working three days per week, but after one month the secondment was extended to four days per week, as the productivity and cost-efficiency benefits of bringing this function in-house quickly became clear. Neat was able to dramatically reduce its overall legal spend as well as increase the overall efficiency and effectiveness of their growing legal function within 3 months of engaging KorumLegal.

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