Neo Financial raised CAD $360M in a Series D funding round led by notable Canadian founders to accelerate its growth and position as a leading challenger to banks in Canada.
Neo Financial announced their CAD $360 million Series D fundraising round, which includes CAD $110M of equity and CAD $250M of debt. The funding involved prominent investors including Tobi Lütke, Stewart Butterfield, and David Baszucki, alongside existing investors Valar Ventures and others.
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.
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