Neo

Neo is a combined self-custody wallet and Visa card, branded Neo Money and provided by Z Gen Kibernetika Kft. in Hungary. Keys are generated through Coinbase's infrastructure and primarily stored locally, and users can export the recovery phrase themselves; sign-in uses an email address or phone number with two-factor authentication, so no prior understanding of private keys is required. Idle balances are routed into lending and market-making strategies for yield, and users can borrow stablecoins against the portfolio held in the account and spend them at merchants through the card.

It addresses the gap between self-custody and everyday payment: assets in a wallet are hard to spend at a card terminal, while custodial crypto cards require handing assets to the issuer. Keeping keys local and leaving clearing to the existing card networks gives users a payment rail while preserving withdrawal rights. The product is distributed on Google Play, its most recent release was on 21 May 2026, card and wallet share one account system, and statements are denominated in euros and settled daily.