Neo Financial, headquartered in Canada, remains privately held in the fintech space. The latest valuation stands at $1.1B. The stock is not listed on any public market.
One company valuation: $1.1B, dated Mar 2022.
Valar VenturesLEAD
Accel
Founders Fund
Social CapitalNeo Financial builds digital banking products for Canadians, including Neo Mastercard and secured credit cards, savings and everyday accounts, mortgages, and co-branded loyalty programs run with retailers such as Hudson's Bay and Tim Hortons. Deposits sit with partner institutions, moving from Concentra Bank to Peoples Bank of Canada in 2024, keeping accounts covered by the Canada Deposit Insurance Corporation.
More than 1.3 million Canadians use Neo's products for spending, saving and building credit. Neo Financial was founded in 2019 by former SkipTheDishes executives Andrew Chau, Jeff Adamson, Kris Read and Chris Simair, and is headquartered in Calgary, Alberta, with a secondary office in Winnipeg. A notable fact: The Globe and Mail has named it Canada's fastest-growing company.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Neo Financial.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Neo Financial availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Neo Financial included.
No. Neo Financial is a private company; its shares do not trade on a public exchange.
The last valuation is $1.1B.
Lead investors for each round are in the funding timeline.
The closest fintech peers are on the competitors page.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
