Fundz

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.

Nov 11, 2024

Amount Raised

$360 Million

Round Type

Series D

CalgaryFinanceFintech

Investors

ThomvestTencent HoldingsThomvest VenturesAfore CapitalGolden VenturesValar VenturesMike WessingerDavid BaszuckiStewart ButterfieldTobi Lütke

Description

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.

Quick answer

Neo Financial raised $360 Million in a Series D round, dated November 11, 2024. Investors: Thomvest, Tencent Holdings, Thomvest Ventures, Afore Capital, Golden Ventures, Valar Ventures, Mike Wessinger and David Baszucki. Neo Financial is based in Calgary, Alberta, Canada.

How much did Neo Financial raise?
Neo Financial raised $360 Million in a Series D round on November 11, 2024.
Who invested in Neo Financial?
Thomvest, Tencent Holdings, Thomvest Ventures, Afore Capital, Golden Ventures, Valar Ventures, Mike Wessinger and David Baszucki are named as investors in this round.
What does Neo Financial do?
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,..
Where is Neo Financial based and how big is it?
Neo Financial is based in Calgary, Alberta, Canada. Fundz records about 984 employees.
Who are the decision-makers at Neo Financial?
Fundz holds 1 contact at Neo Financial. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Finance and Fintech around the same time

Companies in the same sectors as Neo Financial that raised within 45 days of this round, from Fundz verified event records.

  • Tapcheck raised $20M on December 23, 2024.
  • Nukkleus raised $10M on December 20, 2024.
  • Extend raised $14M on December 20, 2024.
  • Equipifi raised $989K (Seed) on December 20, 2024.
  • Curie Money raised $1.2M (Seed) on December 19, 2024.
  • Volume raised $6M (Funding Round) on December 17, 2024.

Who to call at Neo Financial, and when

A new round usually means Neo Financial is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Neo Financial raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Neo Financial, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Neo Financial. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

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.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Neo Financial raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Neo Financial's next move

See what Strategic adds

Neo Financial raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.