Prairie-born fintech Neo Financial today announced a $360 million Series D fundraising round consisting of $110 million of equity and $250 million of debt. [Read more…] about Neo Financial Secures $360M in Series D Funding Round
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Neo Financial Leads Deloitte’s Technology Fast 50, Fintechs Dominate List
Deloitte Canada has announced this year’s winners of the Technology Fast 50.
Now in its 27th year, the Technology Fast 50 program recognizes the world-class achievements of Canada’s leading technology companies—highlighting their commitment to innovation, strong leadership, and rapid revenue growth between 2020 and 2023.
This year, the average three-year growth of the Technology Fast 50 winners is 3,559 per cent.
At the top of this year’s Technology Fast 50 list, with a three-year growth of 154,022 per cent, is Neo Financial, leaping from the number one spot in the Companies-to-Watch category last year.
Headquartered in Calgary, the company is building a smarter financial experience for all Canadians using the latest technology. Specializing in savings and credit products, Neo Financial is on a journey to reshape the financial future for millions of people in Canada.
In addition to Neo Financial, ten other fintechs were recognized on this year’s Technology Fast 50 list:
- #5 – Relay, Toronto – 9,578%
- #8 – Aquanow, Vancouver – 3,022%
- #10 – Nesto, Montreal – 2,360%
- #14 – ZayZoon, Calgary – 1,451%
- #25 – KOHO, Vancouver – 880%
- #27 – Conquest Planning, Winnipeg – 858%
- #32 – Irwin, Toronto – 671%
- #35 – Zensurance, Toronto – 595%
- #39 – Plooto, Toronto – 516%
- #41 – Trolley, Montreal – 484%
A Few Fintech Trends in Canada We’re Noticing This Fall
The air is crisp, the leaves are falling, and we suddenly want the hot blazing sun back. It’s autumn in Canada!
This week, Fintech.ca reflects on some of the latest news that’s impacting the trajectory of financial technology across the nation. [Read more…] about A Few Fintech Trends in Canada We’re Noticing This Fall
Neo Partners with CI Financial to Revolutionize Everyday Banking for Wealth Clients
Calgary headquartered challenger bank Neo Financial is partnering with CI Financial to introduce a new suite of everyday deposit and credit products. [Read more…] about Neo Partners with CI Financial to Revolutionize Everyday Banking for Wealth Clients
Geographical Diversity in Financial Technology: Canada’s Fastest Growing Fintechs Span Nation
A financial technology firm is Canada’s fastest growing company.
Calgary’s Neo Financial claimed top spot in Report on Business magazine’s annual ranking of Canada’s Top Growing Companies for 2024 thanks to three-year revenue growth of 38,000%. [Read more…] about Geographical Diversity in Financial Technology: Canada’s Fastest Growing Fintechs Span Nation
Neo Financial Tops Canada’s List of Top Growing Companies with Remarkable 38,431% Revenue Growth
Calgary-headquartered Neo Financial has been ranked #1 on the 2024 Report on Business magazine’s annual ranking of Canada’s Top Growing Companies. [Read more…] about Neo Financial Tops Canada’s List of Top Growing Companies with Remarkable 38,431% Revenue Growth
Neo Enhances Credit Building Opportunities for New Canadians with Expanded Reporting
According to a Statistics Canada report released last year, all immigrant families, regardless of years in Canada, were less likely than Canadian-born families to have access to lines of credit. [Read more…] about Neo Enhances Credit Building Opportunities for New Canadians with Expanded Reporting
Neo Financial Partners with Canadian Elite Basketball League
The Canadian Elite Basketball League (CEBL) announced today a landmark national partnership with Canadian fintech leader, Neo Financial, to become the first official financial partner in the league’s history. [Read more…] about Neo Financial Partners with Canadian Elite Basketball League
Fintech.ca’s Most Read Stories of 2023
It’s fair to say 2023 was an improvement on 2022. The pandemic recovery dominated tech – like all else – with many of us spending more time than ever in front of screens.
Not surprisingly, Fintech.ca had a banner year with site traffic growing every month during 2023. [Read more…] about Fintech.ca’s Most Read Stories of 2023
Neo, Cathay, and Mastercard Launch Exclusive Cathay World Elite Mastercard
Neo Financial, Cathay, and Mastercard have launched the new Cathay World Elite® Mastercard® — powered by Neo. [Read more…] about Neo, Cathay, and Mastercard Launch Exclusive Cathay World Elite Mastercard