Calgary-based Neo Financial has laid off 102 employees, representing roughly 10 per cent of its workforce, as the fintech moves to simplify its operations and sharpen its product focus. [Read more…] about Neo Financial Cuts 102 Jobs in Bid to Simplify Business
Neo Financial
Neo Expands Credit Card Lineup with Rewards That ‘Flex to Fit’ Your Life
Neo Financial announced this week that it is expanding its product lineup.
The Calgary fintech, which today serves more than one million customers, says that the addition of four new credit card options gives users more choices than ever when it comes to spending rewards. [Read more…] about Neo Expands Credit Card Lineup with Rewards That ‘Flex to Fit’ Your Life
Neo Enters Institutional Capital Markets Space with Support from BMO and SAF
Neo Financial is entering the institutional capital markets space for the first time. [Read more…] about Neo Enters Institutional Capital Markets Space with Support from BMO and SAF
Neo Financial Joins Interac Network, Expands Control Over Payments
Calgary-based Neo Financial has taken a significant step deeper into Canada’s core payments infrastructure, joining Interac e-Transfer as a direct participant. [Read more…] about Neo Financial Joins Interac Network, Expands Control Over Payments
Neo, iFinance Partner on Personal Loans
Neo Financial is expanding its credit offerings through a new partnership with iFinance Canada, giving eligible customers access to personal loans of up to $10,000 through iFinance’s digital lending platform. [Read more…] about Neo, iFinance Partner on Personal Loans
Neo, United Launch Co-Branded Travel Card
Calgary’s Neo Financial is partnering with United Airlines to launch the United MileagePlus Neo World Elite Mastercard, a new co-branded credit card aimed at Canadian travelers. [Read more…] about Neo, United Launch Co-Branded Travel Card
Neo Financial Secures $68.5M in Oversubscribed Canadian-Led Round
Calgary-based Neo Financial has raised $68.5 million in an oversubscribed funding round led by a syndicate of more than 100 Canadian investors, at a higher valuation than its $362-million Series D round led by China’s Tencent in the fall of 2024. [Read more…] about Neo Financial Secures $68.5M in Oversubscribed Canadian-Led Round
Canada’s Fastest Growing Fintech Taps into Toronto Ecosystem for Tech Talent
Calgary-born Neo Financial is expanding eastward, the fast-growing Canadian fintech firm announced today. [Read more…] about Canada’s Fastest Growing Fintech Taps into Toronto Ecosystem for Tech Talent
Fintech Firms Lead Deloitte’s 2025 Technology Fast 50 Rankings
Canadian fintech companies took centre stage in Deloitte Canada’s 2025 Technology Fast 50 program, which celebrates the country’s fastest-growing technology innovators. Now in its 28th year, the program recognizes entrepreneurial excellence and the resilience driving Canada’s innovation economy. [Read more…] about Fintech Firms Lead Deloitte’s 2025 Technology Fast 50 Rankings
Fintech Launches to ‘Redefine Mortgage Operations’ with AI-Powered Platform
The mortgage industry has a problem, according to one freshly launched financial technology startup.
The most painful part of the mortgage process—document review—hasn’t changed in decades, with brokers and lenders wasting time on paperwork. [Read more…] about Fintech Launches to ‘Redefine Mortgage Operations’ with AI-Powered Platform