Neobanc
.avif)
Neobanc.com is a fintech platform designed to help renters achieve financial stability while alleviating the strain of increasing housing costs. With our patent-pending payment technology, tenants make their housing payments through Neobanc and earn up to 9% cashback once we process and complete the payment on their behalf.
About the tech
Neobanc's tech is exciting because it turns everyday rent, bill, and mortgage payments—things people already pay—into a powerful financial engine.
They’ve built a patent-pending, AI-driven payment system that converts these peer-to-peer payments into Visa and Mastercard transactions, unlocking 2–3%+ in revenue per payment while giving users cashback and credit benefits.
Behind the scenes, Neobanc's agentic AI fund-flow engine dynamically routes payments across multiple processors and card networks to optimize interchange yield, float, and speed—similar to how hedge funds optimize capital, but for payments. It continuously learns from transaction data to improve efficiency and profitability over time.
This creates an entirely new revenue layer in financial services—they make money where banks can’t, without charging users a cent.
It’s not just fintech—it’s patent-pending financial infrastructure that transforms how rent, bills, and mortgages move through the economy.
About the team
Neobanc's team combines deep fintech, AI, and growth expertise with a proven record of execution.
• Kyle Collier (Founder & CEO) – Systems Engineer from Waterloo with 15 years’ experience building and exiting fintechs. Previously scaled a payments and rewards platform (Ritual) to a $1B valuation and founded three companies with successful exits. Brings deep knowledge of payments, rewards, and GTM strategy.
• Luis Parra (Cofounder & Lead Engineer) – Built and sold a fintech in under 5 years, developed two LLMs for $1B YC companies, and worked with the SEC. Leads Neobanc’s AI payment infrastructure and fund-flow optimization engine.
• Josh Sookman (Growth Advisor) – Growth lead at Ritual (one of the first employees), where he helped scale to millions of users and a $1B valuation.
Together, their founding team has built and scaled multiple 8-figure fintechs, exited five companies, and driven over $50M in founder-led sales. They combine engineering precision, growth execution, and deep fintech expertise to move fast, build defensible IP, and win markets where incumbents can’t.
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