Neo Financial Series D funding round, C$360M
Neo Financial raised $263M Series D (C$110M equity, C$250M debt) led by Tobi Lütke, Stewart Butterfield, David Baszucki, Mike Wessinger, Valar Ventures, Golden Ventures, Afore Capital, Thomvest Ventures on November 12, 2024.
- Primary
- Neo Financial
- Counterparty
- Tobi Lütke, Stewart Butterfield, David Baszucki, Mike Wessinger, Valar Ventures, Golden Ventures, Afore Capital, Thomvest Ventures
- Amount
- $263M
- Structure
- Series D (C$110M equity, C$250M debt)
- Date
- November 12, 2024
- Sub-sector
- Neobank
Challenger bank securing major growth capital from founder-entrepreneurs to expand financial products suite amid low fintech funding environment.
Source: proactiveinvestors.com