Club Brugge KV has announced a five-year partnership with Neo, a cross-border payments fintech. Neo will serve as the Belgian Pro League team’s official foreign currency exchange partner until 2030.

Five-Year FX Deal

Under the agreement, Neo will oversee the club’s foreign exchange and multi-currency transactions. The arrangement is expected to lower FX costs and simplify international operations, including player transfers, travel expenses, staff payments, and sponsorship settlements.

Club Brugge regularly competes in major continental competitions, including the UEFA Champions League. To manage its financial commitments abroad, the club requires reliable FX solutions. Neo’s platform offers International Bank Account Numbers for payments in over 25 currencies, along with tools to hold, convert, and send funds across borders.

Based in Barcelona, Neo has evolved from an FX trading platform into a broader treasury services provider. The company reportedly works with over 300 corporate clients in 28 countries and has processed more than €20 billion through the SWIFT network, including €7 billion in 2024.

The partnership marks another example of football clubs turning to fintech firms to streamline financial operations as the game becomes increasingly international.

Expect ongoing updates as this story evolves.

Source: Finance Magnates