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Press release content from Business Wire. The AP news staff was not involved in its creation. Neo Financial Teams Up With Concentra Bank to Offer Neo Savings, the First Canadian Fintech to Offer a CDIC-Eligible High-Interest Savings Account January 13, 2021 GMT CALGARY, Alberta (BUSINESS WIRE) Jan 13, 2021 Neo Financial (Neo), a Calgary-based fintech company created by two of the co-founders of SkipTheDishes, has announced a first-of-its-kind collaboration with Concentra Bank (Concentra), a Schedule 1 bank that is quietly fuelling innovation. Through this relationship, Neo is the first Canadian fintech company to offer a CDIC-eligible high-interest savings account that works like an everyday banking account. The accounts are held at Concentra, a Canada Deposit Insurance Corporation (CDIC) member bank. Together, Neo and Concentra have opened the door for innovation that has historically not been accessible within Canada’s consumer banking sector.

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