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).