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Neo Financial Establishes a Second Headquarters in Winnipeg

Neo Financial Establishes a Second Headquarters in Winnipeg
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.

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Neo Financial Teams Up With Concentra Bank to Offer Neo Savings, the First Canadian Fintech to Offer a CDIC-Eligible High-Interest Savings Account

Press release content from Business Wire. The AP news staff was not involved in its creation.
Neo Financial Teams Up With Concentra Bank to Offer Neo Savings, the First Canadian Fintech to Offer a CDIC-Eligible High-Interest Savings Account
January 13, 2021 GMT
CALGARY, Alberta (BUSINESS WIRE) Jan 13, 2021
Neo Financial (Neo), a Calgary-based fintech company created by two of the co-founders of SkipTheDishes, has announced a first-of-its-kind collaboration with Concentra Bank (Concentra), a Schedule 1 bank that is quietly fuelling innovation. Through this relationship, Neo is the first Canadian fintech company to offer a CDIC-eligible high-interest savings account that works like an everyday banking account. The accounts are held at Concentra, a Canada Deposit Insurance Corporation (CDIC) member bank. Together, Neo and Concentra have opened the door for innovation that has historically not been accessible within Canada’s consumer banking sector. ....

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Neo Financial raises $50 mn in Series A funding & debt financing

Neo Financial raises $50 mn in Series A funding & debt financing
ibsintelligence.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibsintelligence.com Daily Mail and Mail on Sunday newspapers.

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Neo Financial Raises $50 Million in Series A Funding and Debt Financing

Neo Financial Raises $50 Million in Series A Funding and Debt Financing
businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.

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Canadian Fintech Neo Financial Scores $50 Million Through Series A Investment Round & Debt Financing

Canadian Fintech Neo Financial Scores $50 Million Through Series A Investment Round & Debt Financing

Canadian fintech
Neo Financial announced on Wednesday it raised $50 million between its Series A investment and debt financing. The funding round was led by Valar Ventures with participation from Tobi Lutke, the CEO and founder of Shopify; Golden Ventures; Inovia Capital; Thomvest; Afore Capital; Maple VC; FJ Labs; and District Ventures, the venture firm founded by Arlene Dickinson from Dragon’s Den. The debt facility was closed with the company’s financial partner, ATB Financial.
Founded in 2019, Neo Financial describes itself as a technology company working hard to build a better financial experience for all Canadians. The company reported it is on a mission to re-imagine spending, savings and rewards by using technology to simplify finances and create rewarding experiences for all Canadians. To do this, Neo offers Neo Savings, a high-interest savings acco ....

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