Neo Financial Series D funding round C$360M
Neo Financial raised $259M 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
- $259M
- Structure
- Series D (C$110M equity, C$250M debt)
- Date
- November 12, 2024
- Sub-sector
- Neobank
Canadian challenger bank secures one of largest fintech funding rounds globally in 2024, expanding financial products suite amid low venture funding period.
Source: proactiveinvestors.com