Neo Financial Announces $64 Million Series B Raise To Accelerate Growth

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Neo Financial (Neo) is a technology company working hard to build a better financial experience for all Canadians. Founded in 2019 by co-founders of SkipTheDishes, Neo is re-imagining spending, savings and rewards by using technology to simplify finances, create rewarding experiences, and build community for all Canadians. Neo partners with over 4,000 retail and e-commerce partners across the country to help businesses acquire new customers, drive incremental sales, and sustain customer loyalty. Through partnerships with leading financial institutions, Neo provides members with a safe and secure way to spend and save. Neo’s credit card is issued by ATB Financial and backed by the Mastercard network, and the Neo Savings account is provided by Concentra Bank, a CDIC member institution, and is eligible for CDIC deposit protection. Neo is headquartered in Calgary, AB and Winnipeg MB, and is backed by top investors across North America. To learn more, please visit neofinancial.com.