Neo Financial logo — Savings & credit made clear, simple, and built to move you f...

Neo Financial

Savings & credit made clear, simple, and built to move you forward. Get what you’ve earned.

Founded 2019 Canada Calgary, Canada 1149 employees Series C Total: $275.60M Finance, Financial Services +1

General Information

Company Name Neo Financial
Founded Year 2019
Location Canada Calgary, Canada +2
Founders / Decision Makers
Team member
Employees 1149
Industries Finance, Financial Services, Fintech
Funding Stage Series C
Social

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About Neo Financial

Neo Financial is a rising star in the Canadian financial technology space. Founded in 2019, this Canada-based company has rapidly earned recognition, being named one of the country's top-growing companies by The Globe and Mail and Deloitte.

Neo's mission, encapsulated in their slogan, "Savings & credit made clear, simple, and built to move you forward," reflects their commitment to simplifying financial services. The company leverages partnerships with financial institutions and retailers to prioritize clarity, access, and progress in financial transactions for over one million Canadians.

With a recent $185.00M Series C investment in May 2022, backed by a robust consortium of investors including Gaingels, FJ Labs, Altos Ventures, and Valar Ventures, Neo is well-positioned for sustained growth and innovation in the Finance, Financial Services, and Fintech industries.

Taxonomy: Financial Technology, Savings Accounts, Credit Cards, Rewards Programs, FinTech Partnerships, Technology-driven Finance, Financial Services Innovations, Embedded Finance, White Labelling, Co-Branding, Loyalty Programs, Secure Spending Solutions, CDIC Deposit Protection, Financial Growth Opportunities, Consumer Financial Empowerment

Services & Products

Credit Cards
Chequing and Savings Accounts
Mortgages
Investment Accounts
Security Features

Target Customers

Individuals looking to improve credit People seeking competitive savings options Users interested in mobile banking convenience Customers requiring secure digital transactions Young adults building financial literacy

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 10
Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor
05 May 2022
Grant •••••• 1 •••• •••• 16 Nov 2021
Series B •••••• 10
Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor
15 Sep 2021
Series A •••••• 9
Investor Investor Investor Investor Investor Investor Investor
•••• ••••
16 Dec 2020
Seed Round •••••• - 01 Mar 2019

Neo Financial Alternatives & Competitors

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Neo Financial vs
Moneymap
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FAQ About Neo Financial

Savings & credit made clear, simple, and built to move you forward. Get what you’ve earned.
Neo Financial was founded in 2019.
Neo Financial is headquartered in Calgary, Canada.
Neo Financial operates in the following industries: Finance, Financial Services, Fintech.
Neo Financial has approximately 1149 employees.
Neo Financial has completed 5 funding rounds, raising a total of $275.60M. The latest funding stage is Series C.
Neo Financial offers: Credit Cards, Chequing and Savings Accounts, Mortgages, Investment Accounts, Security Features.
Top alternatives and competitors to Neo Financial include Moneymap, Everyday People Financial Corp., Kredibank, Adventis, MNYMSTRS. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Neo Financial and Moneymap are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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