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Canada s Neo closes C$25m Series A
16 December 2020
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Canadian spending and savings startup Neo Financial has raised C$25 million in a Series A funding round led by Peter Thiel s Valar Ventures.
Shopify founder Tobi Lutke, Golden Ventures, Inovia Capital, Thomvest, Afore Capital, Maple VC, FJ Labs, and District Ventures joined the round for Calgary-based Neo, which has also secured another C$25 million in debt financing.
Created by two of the co-founders of food courier company SkipTheDishes, Neo is aiming to shake up a Canadian market dominated by the big five banks with app-based high-interest savings account, provided by Concentra Bank, and a rewards-based credit card issued by ATB Financial. ....

Peter Thiel Valar , Tobi Lutke , Andrew Chau , Concentra Bank , Neo Financial , Peter Thiel , Golden Ventures , Inovia Capital , Afore Capital , District Ventures , Calgary Based Neo , பீட்டர் திீஏல் வலர் , டோபி லுட்கே , ஆண்ட்ரூ ச U , செறிவு வங்கி , நியோ நிதி , பீட்டர் திீஏல் , தங்கம் முயற்சிகள் , மாவட்டம் முயற்சிகள் , கல்கரி அடிப்படையிலானது நியோ ,