# Neo Financial Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neo-financial-technologies

- Industry: Financial Services
- Headquarters: Calgary, Canada
- Website: www.neofinancial.com/
- Total disclosed funding: $321M
- Latest round: Series D (Oct 11, 2024)
- Investors on record: 18

## About

Founded in 2019 and based in Calgary, Canada, Neo Financial Technologies Inc. specialized in Financial Technology and Neo is scaling its operations, expanding its product portfolio, and driving innovation in Canada’s fast-growing fintech landscape. Its revenue model is built on interchange fees and strategic partnerships with retailers, creating a seamless ecosystem of financial benefits and local business engagement.

## Funding rounds

- Series D, Oct 11, 2024, $83M — Thomvest Ventures, Valar, Golden Ventures, Version One Ventures, Afore Capital, Ligo Partners, Tencent Investment
- Series C, May 5, 2022, $144M — Altos Ventures, Valar, Golden Ventures, FJ Labs, Gaingels, Tribe Capital, Maple VC, Knollwood Investment Advisory, Blank Ventures
- Series B, Sep 15, 2021, $50M — Altos Ventures, Inovia Capital, Thomvest Ventures, Greenoaks Capital, Valar, Golden Ventures, Breyer Capital, Afore Capital, Maple VC
- Series A, Dec 17, 2020, $25M — Valar
- Series A, Dec 16, 2020, $20M — Inovia Capital, Thomvest Ventures, Valar, Golden Ventures, FJ Labs, Afore Capital, District Ventures Capital, Maple VC
- Series A, May 28, 2020 — FJ Labs

## Investors

- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A, Series C
- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Series A, Series B
- Thomvest Ventures (https://capitalatlas.ai/funds/thomvest-ventures) — Series A, Series B, Series D
- Valar (https://capitalatlas.ai/funds/valar) — Series A, Series B, Series C, Series D
- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Series A, Series B, Series C, Series D
- Afore Capital (https://capitalatlas.ai/funds/afore-capital) — Series A, Series B, Series D
- District Ventures Capital (https://capitalatlas.ai/funds/district-ventures-capital) — Series A
- Maple VC (https://capitalatlas.ai/funds/maple-vc) — Series A, Series B, Series C
- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series B, Series C
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series B
- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series C
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series C
- Knollwood Investment Advisory — Series C
- Blank Ventures (https://capitalatlas.ai/funds/blank-ventures) — Series C
- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Series D
- Ligo Partners — Series D
- Tencent Investment — Series D