Leading digital mortgage lender nesto is acquiring Canada’s third-largest mortgage finance company in hopes of creating Canada’s Mortgage Ecosystem of the Future. [Read more…] about Nesto Acquisition Makes Them the Largest Technology-Enabled Lender in Canada
Nesto
12 Canadian Fintechs Acknowledged on Deloitte’s Technology Fast 50
Deloitte Canada has announced this year’s winners of the Technology Fast 50, Companies-to-Watch, and Enterprise Fast 15 awards, recognizing the world-class achievements of the best in tech companies across Canada. [Read more…] about 12 Canadian Fintechs Acknowledged on Deloitte’s Technology Fast 50
Fintechs Lead the Pack in LinkedIn’s Top Canadian Startups
LinkedIn has published its 6th annual Top Startups list and it is a testament to the spirit of innovation, featuring 15 young Canadian companies that are growing fast and gaining attention. [Read more…] about Fintechs Lead the Pack in LinkedIn’s Top Canadian Startups
Nesto Celebrates Five Years Reshaping Property Financing Topography in Canada
Nesto, a Canadian digital mortgage lender, reflected this week on a transformative journey that has reshaped the country’s property financing topography. [Read more…] about Nesto Celebrates Five Years Reshaping Property Financing Topography in Canada
IGM Financial Purchases Minority Stake in Online Mortgage Lender Nesto
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
Montreal’s Wiseday Promises ‘Truly Instant’ Online Mortgages in Canada
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
Windsor Upstart Edison Financial to Rebrand as Rocket Mortgage in Canada
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
Five Canadian Fintech Firms Still Hiring in Rough Seas
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
The 10 Best-Funded PropTech Startups in Canada
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
Nesto Raises $76 Million To Offer Canadians “Low From the Get Go” Mortgage Rates
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