• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Tech Talent Canada

 
 
 
  • News
  • Thought Leadership
  • Tech Cities
    • Toronto, ON
    • Vancouver, BC
    • Kitchener-Waterloo, ON
    • Calgary, AB
    • Ottawa, ON
    • Montreal, QC
    • Victoria, BC
    • Halifax, NS
    • St. John’s, NL
    • London, ON
    • Winnipeg, MB
    • Edmonton, AB
  • Tech Champions
  • Job Fairs
  • Job Board
  • About
    • Contact

Neo Financial Achieves Unicorn Status And Is Hiring 100 In Calgary & Winnipeg

May 5, 2022 by Robert Lewis

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 offers a variety of products to its customers, including cash-back rewards and savings. It expanded into investing in April with a private wealth management product, and plans a mortgage offering for later this year as part of its effort to be a “one-stop shop for all financial services for Canadians and retailers.”

“We started Neo to take on a massive challenge – to reimagine financial services for all Canadians. In an industry where the incumbents make up 90%+ of the market, we’ve been able to rapidly earn the trust of over one million Canadians and 7,000+ retailers across the country,” wrote co-founder Andrew Chau on LinkedIn.

Neo currently employs 650+ and according to Chau they are “looking for the best people to join us on our mission”. Neo is currently hiring for more than 100 roles for its Winnipeg and Calgary offices and has plans to expand into Quebec.

Filed Under: Who's Hiring Tagged With: Neo Financial

 
 

Primary Sidebar

 
 
 

Stay Connected

RSS
Facebook
Twitter
LinkedIn
Instagram

Tech Champions

Become a Tech Champion

Latest Posts

How to Hire Everyone Remotely and Still Have Great Workplace Culture

The COVID-19 Pandemic transformed many things, including the modern workplace. … READ FULL ARTICLE about How to Hire Everyone Remotely and Still Have Great Workplace Culture

  • Telus to Invest $34 Billion in Western Canada, Forging 14,000 New Positions
  • Technology Is The Industry With The Most Entry-level Hires
  • Coding Bootcamps And The Crunch For Tech Talent

Copyright © 2022 Incubate Ventures

Privacy Policy