Neo Financial raises $68.5 million in a funding round led by AIMCo and Northleaf Capital to support its securitization program.
PRIVATEFeb 03, 2026
Amount Raised
C$68.5 Million
Round Type
Funding Round
CalgaryFinanceFintech
Investors
AIMCoAim CoNorthleaf Capital Partners
Description
Calgary-based fintech firm Neo Financial has secured $68.5 million in funding from Alberta pension fund AIMCo, private equity firm Northleaf Capital Partners, and other investors. The funds will be utilized to enhance Neo's securitization program and grow its lending portfolio. This investment comes as Neo and other fintechs challenge the traditional banking landscape in Canada. The latest round values Neo higher than its previous round in 2024, reflecting improved investor confidence.
Company Information
Company
Neo Financial
Location
Calgary, Alberta, Canada
About
Neo is a leading Canadian fintech company reimagining spending, savings, investments, and mortgages through intuitive and accessible financial tools that help customers get more value from every dollar they earn, save, and spend. Recognized as Canada’s #1 Startup by LinkedIn for two consecutive years, Neo partners with local retailers, major enterprises, and financial institutions to help shape the future of financial services.
Fundz sees it the moment Neo Financial raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
CalgaryFinanceFintech