Canadian neobank Neo Financial raises ~$50M Series B led by Valar Ventures, bringing its total funding to ~$90M (Meagan Simpson/BetaKit)

Meagan Simpson / BetaKit:
Canadian neobank Neo Financial raises ~$50M Series B led by Valar Ventures, bringing its total funding to ~$90M  —  Having secured new equity capital from a notable group of investors, Neo Financial is furthering its push to become a full-stack digital bank to compete with Canada’s financial giants.