Canadian challenger bank Neo Financial has raised a $185 million Series C round led by Peter Thiel’s Valar Ventures. The financing round brings Neo’s total funding to $299 million since its 2019 inception and values the company at over $1 billion, making Neo one of the fastest Canadian companies to reach the coveted ‘unicorn’ status. Neo Financial […]
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Neo Partners with CI Financial to Launch Seamless Wealth and Banking Solutions for Canadians
Calgary’s Neo Financial is partnering with CI Financial to introduce a new suite of everyday deposit and credit products. The partnership will introduce a new range of financial products designed to deliver a seamless, integrated financial experience to clients of CI Financial’s Canadian wealth management businesses, empowering them to easily manage their wealth and everyday financial needs with ease. […]
Neo Secures $360M, Leading Calgary’s Fintech Surge
Calgary-born fintech Neo Financial has secured a $360 million Series D fundraising round consisting of $110 million of equity and $250 million of debt. The funding round includes investments from renowned Canadian founders and entrepreneurs including Tobi Lütke (Shopify), Stewart Butterfield (Slack), David Baszucki (Roblox), and Mike Wessinger (PointClickCare). Existing investors, including Valar Ventures, Golden Ventures, Afore […]
CoolIT, Jobber, Neo, and WaitWell Honored at 2023 Start Alberta Tech Awards
The 6th annual Start Alberta Tech Awards took place in Edmonton on October 11th. The awards recognize 12 individuals and organizations for their success and contributions to Alberta’s innovation ecosystem, and for making a significant impact in the province’s tech sector. Calgary’s WaitWell was recognized as the A100 One to Watch. This award recognizes one […]
Calgary’s Neo Revolutionizes Credit Building with Guaranteed Approval and Cashback Rewards
Calgary’s Neo Financial has introduced Neo Secured Credit; a card designed to help Canadians build credit with guaranteed approval. The new card caters to those who have difficulty obtaining credit, seek to improve their credit score, or prefer to spend within their means. Cardholders can now set their own credit limit and start building credit history […]
BossPac Deploys Sensor Tech to Help Industries Optimize Operations, Reduce Risk
As agriculture equipment ages, two problems emerge: a rising risk of failure and increasing incompatibility with modern technology. In mining, conveyance systems can be critical to operations, moving heavy loads in remote locations. When they fail, operations grind to a halt. Calgary’s BossPac Technologies is in the business of solving these types of problems. The […]
Slew of Calgary Tech Firms Rank Among Canada’s Fastest Growing Companies
Calgary’s Neo Financial claimed top spot in Report on Business magazine’s annual ranking of Canada’s Top Growing Companies for 2024 thanks to three-year revenue growth of 38,000%. It’s the sixth annual edition of the list, which spans all sectors across the whole country to find firms with one thing in common: a “penchant for sustained growth.” And […]
Platform Calgary Hosts Tech Stampede Social on July 11th
Platform Calgary is hosting a Tech Stampede Social on Thursday, July 11th from 4pm to 8pm. Before you ride off to the Midway, round up your closest #yycTech friends and head down to the Platform Innovation Centre to network with Calgary’s finest tech minds. Mingle with fellow innovators while enjoying refreshing libations from Cold Garden, tasty […]
#YYCTechSurge: Celebrating Tech at the Calgary Surge Home Opener
To celebrate the Calgary Surge‘s season opener, Platform Calgary is hosting #YYCTechSurge on May 21st. The collaborative event with the Canada Elite Basketball League (CEBL) basketball team will showcase the innovation, creativity, and vibrancy of Calgary’s tech sector. At the Calgary Surge season opener an entire broadcast-visible section at Scotiabank Saddledome has been reserved for […]
Calgary.tech’s Most Read Stories of 2023
It’s fair to say 2023 was an improvement on 2022. The pandemic recovery dominated tech – like all else – with many of us spending more time than ever in front of screens. Not surprisingly, Calgary.tech had a banner year with site traffic growing every month during 2023. As we look forward to an even […]