Neo Financial Secures No. 1 Spot on The Globe and Mail’s 2024 List of Canada’s Fastest-Growing Companies

Neo Financial Technologies Inc. (“Neo”) proudly announces its achievement of the No. 1 spot on the 2024 Report on Business magazine’s annual ranking of Canada’s Top Growing Companies. Neo secured this position with an impressive three-year revenue growth of 38,431%, driven by the dedication of its team and growing consumer demand for innovative financial solutions.

“Being ranked No. 1 on Canada’s Top Growing Companies list is a reflection of the hard work of our team and the trust placed in us by our customers,” said Jeff Adamson, CCO and co-founder of Neo Financial.

Canada’s Top Growing Companies recognizes businesses that demonstrate remarkable growth and innovation. Neo Financial’s rapid rise is fueled by its mission to transform the way Canadians manage their finances, offering modern solutions for spending, saving, and earning. As traditional banking models face disruption, over 1 million consumers now rely on Neo for greater control and transparency in their financial products.

Founded in 2019, Neo Financial offers a range of innovative products, including high-interest savings accounts, no-annual-fee cashback Mastercards, and competitive mortgage options. Neo continues to attract Canadians seeking alternatives to legacy financial institutions and is committed to shaping the future of finance.

“This accomplishment is about more than just numbers—it’s a testament to our team’s dedication to pushing boundaries and continually innovating to meet our customers’ evolving needs,” added Amanda Broos, Vice President of People at Neo Financial.

Canada’s Top Growing Companies ranking, launched in 2019, evaluates companies based on three-year revenue growth. The 2024 list, featuring 417 companies, is available in the October issue of Report on Business magazine.

Neo Financial is a leading tech company focused on reimagining financial services in Canada. Since its founding, Neo has raised over $299 million and has earned recognition as Canada’s top tech startup by LinkedIn in 2023 and ranked first in Deloitte’s 2023 Technology Fast 50™ in the Companies-to-Watch category. Neo partners with over 11,000 businesses nationwide, providing secure and innovative financial solutions.

For more information, visit neofinancial.com.

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