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About Neo Financial
Neo Financial is a Canadian fintech company founded in 2019 by Andrew Chau, Jeff Adamson, and Kris Read. It is headquartered in Calgary, Alberta, and has expanded its operations across North America. The company aims to revolutionize the financial landscape by offering a range of digital-first financial services, including savings accounts, credit cards, investments, and mortgages[1][5].
### Key Features and Services
- Digital Banking Solutions: Neo Financial provides seamless digital banking solutions, focusing on enhancing customer financial well-being through user-friendly, tech-driven products[1].
- Credit Building: The company offers the Neo Secured Credit card, which reports to both Equifax Canada and TransUnion, helping Canadians build comprehensive credit profiles[2].
- Partnerships: Neo Financial partners with leading financial institutions and retailers to offer co-branded and white-labeled financial products[5].
- Innovative Products: Services include Neo High-Interest Savings, Neo Money card, and Neo Mortgage options, designed to meet diverse customer needs[2].
### Growth and Recognition
- Rapid Expansion: Neo Financial has experienced rapid growth, with over 750 employees and a revenue of $160.6 million[1].
- Funding: The company has raised over $299 million in funding and is recognized as one of Canada's top tech startups[2][5].
- Awards: Neo Financial was ranked as Canada's fastest-growing company in 2024, with a 38,431% revenue growth over three years[4].
### Mission and Impact
Neo Financial's mission is to create a more equitable financial system by leveraging technology to offer accessible and rewarding financial products. It focuses on enhancing the financial experience for Canadians, particularly newcomers and those seeking to improve their credit profiles[2][5].
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