equityflowunderstand the flow and follow it

Neo Financial

Fintech · Calgary, CA

Canadian challenger bank offering credit cards, savings and AI money insights.

Founders

Andrew Chau (Canada · ♂) — A University of Saskatchewan finance grad and ex-BCG consultant who co-founded food-delivery giant SkipTheDishes (sold for $200M), he launched Neo Financial in 2019 to disrupt Canadian banking as CEO.
Jeff Adamson (Canada · ♂) — A SkipTheDishes co-founder and senior executive, he co-founded Neo Financial in 2019 as chief merchant officer to take on Canada's big banks.
Kris Read (Canada · ♂) — A technologist who joined the SkipTheDishes founders to build Neo Financial in 2019, serving as chief technology officer.

Date	Round	Amount
Nov 2024	Series D Plus Neo Financial raised CAD 360m in a Series D round (CAD 110m equity plus CAD 250m debt), with investors including Valar Ventures, Golden Ventures, Afore Capital, Thomvest Ventures and Version One Ventures, plus angels Tobi Lutke, David Baszucki and Stewart Butterfield.	$257M
May 2022	Series C Neo Financial, a Canadian digital bank, raised a CAD$185M (~$145M) Series C led by Valar Ventures, reaching unicorn status.	$145M

Tap an investor to see what else they have backed.

Data is community-curated and may be incomplete.