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Nesto

IGM Financial Purchases Minority Stake in Online Mortgage Lender Nesto

December 13, 2022 by Robert Lewis Leave a Comment

Canadian online mortgage lender Nesto has raised a $80 million Series C financing round led by IGM Financial, a unit of Power Corp.

The oversubscribed round included existing and new investors; Diagram Ventures, Portage, NAventures, National Bank of Canada’s corporate venture capital arm, BMO Capital Partners, as well as Michael Rowell and Michael Paulus. [Read more…] about IGM Financial Purchases Minority Stake in Online Mortgage Lender Nesto

Filed Under: News Tagged With: Nesto

Montreal’s Wiseday Promises ‘Truly Instant’ Online Mortgages in Canada

November 24, 2022 by Knowlton Thomas Leave a Comment

A Canadian property technology startup known as Wiseday Financial is aiming to upend Canada’s mortgage landscape by delivering the country’s first truly instant mortgage pre-approval process. [Read more…] about Montreal’s Wiseday Promises ‘Truly Instant’ Online Mortgages in Canada

Filed Under: News Tagged With: Havery Capital, Nesto, Properly, Wiseday

Windsor Upstart Edison Financial to Rebrand as Rocket Mortgage in Canada

July 27, 2022 by Knowlton Thomas Leave a Comment

A US-based mortgage Goliath is entering the Canadian market via an Ontario upstart.

Rocket Mortgage subsidiary Edison Financial, based in Windsor, will rebrand as Rocket Mortgage in Canada. [Read more…] about Windsor Upstart Edison Financial to Rebrand as Rocket Mortgage in Canada

Filed Under: News Tagged With: Edison Financial, Nesto, Perch, Pine, Rocket Mortgage

Five Canadian Fintech Firms Still Hiring in Rough Seas

July 12, 2022 by Knowlton Thomas Leave a Comment

The past several years have been good to the global startup economy.

Following the last major recession in North America, venture capital ramped up through the 2010s. While the pandemic caused an abrupt halt, the momentum was not dispersed; it lingered at the door until the floodgates opened once again, and as a result 2021 set many records for startup financing in Canada. [Read more…] about Five Canadian Fintech Firms Still Hiring in Rough Seas

Filed Under: News Tagged With: APOLLO, Flexiti, Helcim, Nesto, RBC

The 10 Best-Funded PropTech Startups in Canada

June 30, 2022 by Knowlton Thomas Leave a Comment

Proptech Collective is a volunteer-run collective of real estate professionals, city builders, and entrepreneurs that believes “technological innovation can change the built world for the better.” The organization has released its second annual report with a range of updates from the previous edition. [Read more…] about The 10 Best-Funded PropTech Startups in Canada

Filed Under: News Tagged With: Certn, dcbel, Falk, GoBolt, Jobber, Nesto, Nexii, Nobul, Properly, RenoRun

Nesto Raises $76 Million To Offer Canadians “Low From the Get Go” Mortgage Rates

June 10, 2021 by Fintech Newsdesk Leave a Comment

Montreal-based fintech startup nesto has raised a $76 million Series B funding round led by Michael Rowell and Michael Paulus, the entrepreneurs behind Assurance IQ, which was sold to Prudential Financial in 2019. [Read more…] about Nesto Raises $76 Million To Offer Canadians “Low From the Get Go” Mortgage Rates

Filed Under: News Tagged With: Nesto, Portage Ventures

Canada FinTech Forum Awards Four Startups Over $300K

November 1, 2018 by Fintech Newsdesk Leave a Comment

Four Canadian startups won top honours  at the FinTech Startup Pitch Contest, which took place during the 2018 Canada FinTech Forum in Montreal yesterday. [Read more…] about Canada FinTech Forum Awards Four Startups Over $300K

Filed Under: News Tagged With: Lendified Technologies, Luge Capital, Nesto, Owl Technologies, Symend

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