Starting and growing a company has always been tough, but it’s especially tough right now. As the working world navigates widespread inflation and economic uncertainty, it’s getting more challenging for young companies to get investment and grow quickly. [Read more…] about Five Fintechs Among Top Canadian Startups To Work For
Neo Financial
Five Fintech Firms Hiring Canadian Tech Talent Today
The past several years have been good to the global startup economy. 2021 set many records for startup financing in Canada.
The year included many sizeable fintech rounds, such as $61 million for Propel Holdings; $64 million for Neo Financial; $44 million for Properly; $72 million for Bench; and nearly $300 million for Fraction Technologies in Vancouver. [Read more…] about Five Fintech Firms Hiring Canadian Tech Talent Today
State of Fintech Report Shows Sharp Decrease in Deals, Funding Among Canadian Firms
The second quarter of 2022 wasn’t so hot for investment in Canada’s financial technology sector, a new report has found.
CB Insights’ latest State of Fintech report revealed a drop in total deals and total funding. Quarter-over-quarter, funding was down roughly 75%. Year-over-year analysis arrives at a similar figure. [Read more…] about State of Fintech Report Shows Sharp Decrease in Deals, Funding Among Canadian Firms
Calgary’s Neo Financial Achieves Billion Dollar Unicorn Status After $185 Million Round
Canadian digital bank Neo Financial has raised a $185 million Series C round led by Valar Ventures.
The mammoth round brings Neo’s total funding to $299 million since its 2019 inception and values the company at over $1 billion, making Neo one of the fastest Canadian companies to reach the coveted ‘unicorn’ status. [Read more…] about Calgary’s Neo Financial Achieves Billion Dollar Unicorn Status After $185 Million Round
OneVest Raises $5 Million for Canada’s First Wealth-as-a-Service Platform
Calgary’s OneVest has secured $5 million in venture financing for Canada’s first Wealth-as-a-Service (WaaS) platform. [Read more…] about OneVest Raises $5 Million for Canada’s First Wealth-as-a-Service Platform
Neo Financial Launches Neo Invest, Canada’s First Actively Managed Digital Investment Platform
Calgarys’ Neo Financial announced today that they are expanding their product line from spending, savings, and rewards, to reimagining investing with the addition of Neo Invest. [Read more…] about Neo Financial Launches Neo Invest, Canada’s First Actively Managed Digital Investment Platform
Neo Financial Raises $64 Million To Accelerate Growth
Calgary-headquartered fintech startup Neo Financial has raised a $64 million Series B fundraising round. This brings Neo’s total funding to $114 million, with Peter Thiel’s Valar Ventures leading both Series A and B rounds. [Read more…] about Neo Financial Raises $64 Million To Accelerate Growth
Harvest Builders Adds Two New Companies To Its Fintech Studio
Calgary venture studio Harvest Builders has added two new companies to their studio’s growing financial technology portfolio – One Wealth and Propra.
Building off of the momentum of Harvest’s first studio venture Neo Financial, who recently announced $50 million in Series A financing, Harvest’s new fintech companies are set to add over 300 new jobs in Calgary’s downtown over the next three years. [Read more…] about Harvest Builders Adds Two New Companies To Its Fintech Studio