Case Study: Neo Financial accelerates innovation and R&D tax credit claims with Boast.AI

Neo Financial accelerates R&D claims with Boast.AI across 5,000+ retail partnerships

Neo Financial, a challenger to Canada's established traditional banks, faced the difficulty of disrupting a legacy industry that relied on slow, outdated software. Their challenge was to build and scale a modern, customer-centric financial services company focused on rapid innovation, which required significant investment in research and development. To support this, they partnered with Boast.AI to leverage their SR&ED and R&D tax incentive automation service.

Boast.AI implemented its solution for Neo Financial, which featured a faster, less burdensome claims process powered by data integrations and AI-automation technology. This resulted in more accurate claims and allowed Neo's financial and development teams to focus on their core product innovation. The partnership with Boast.AI helped Neo accelerate its growth, enabling it to expand to over 400 employees and establish partnerships with more than 5,000 retailers across Canada.

Neo Financial