Emerging and High Growth Companies

Neo Financial in its $68.5-million equity financing Neo Financial in its $68.5-million equity financing

Neo Financial
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jacob Young

Partner, Emerging and High Growth Companies, Calgary

Arkie Liu

Associate, Emerging and High Growth Companies, Vancouver

Sereena Dosanjh

Associate, Emerging and High Growth Companies, Calgary

On February 3, 2026, Neo Financial announced that it secured $68.5 million in an oversubscribed round led by a syndicate of more than 100 Canadian founders, entrepreneurs and institutional investors, including Alberta Investment Management Corporation (AIMCo), Northleaf Capital Partners, Plaza Ventures, Sandstone Asset Management and Caldwell Growth Opportunities Fund. Neo Financial plans for the capital to be used to launch its inaugural securitization program.

Neo Financial is a Calgary-based technology firm specializing in modernizing Canadian banking.

Osler, Hoskin & Harcourt LLP advised Neo Financial with a team consisting of Chad Bayne, Jacob Young, Arkie Liu, Sereena Dosanjh (Emerging and High Growth Companies).

Value
$68.5 million
Date Announced
February 3, 2026
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jacob Young

Partner, Emerging and High Growth Companies, Calgary

Arkie Liu

Associate, Emerging and High Growth Companies, Vancouver

Sereena Dosanjh

Associate, Emerging and High Growth Companies, Calgary