nesto raises CAD302M Series E. nesto raises 302 million CAD Series E to accelerate the expansion of its AI-powered mortgage and financial services technology platform. Updated June 11, 2026 nesto raises CAD302M Series E at CAD1.47B valuation. Montreal-based nesto, a Canadian mortgage technology and financing platform, has raised 302 million CAD in Series E funding. The company, which specializes in mortgage operations and AI-powered lending solutions, reached a valuation of 1.47 billion CAD with this round. Investors. The funding round was supported by a group of investors including La Caisse, Fidelity Investments Canada ULC, PICTON Investments, and Endeavor Catalyst, with additional participation from existing investors Portage, Diagram, NAventures, National Bank of Canada, Fonds de solidarité FTQ, and Fondaction. esto use of funds. Nesto plans to use the new capital to accelerate the development of its technology and AI capabilities, including its Nesto Cloud and Maestro AI platforms. The funds will also support faster onboarding of new partners and clients and the scaling of its platform into the broader financial services industry. About nesto. Founded in 2018, nesto provides mortgage technology and financing solutions to homeowners and financial institutions. Led by co-founder and CEO Malik Yacoubi, the company focuses on building a modern mortgage ecosystem through its proprietary cloud technology and AI-native orchestration platforms. Funding details. Company: nesto Raised: CAD302M Round: Series E Funding Date: June 10, 2026 Additional Investors: La Caisse, Fidelity Investments Canada ULC, PICTON Investments, Endeavor Catalyst, Portage, Diagram, NAventures, National Bank of Canada, Fonds de solidarité FTQ, Fondaction Company Website: https://nestogroup.ca/ Software Category: Fintech Source: https://www.globenewswire.com/news-release/2026/06/10/3309762/0/en/nesto-raises-302-million-series-e-at-1-47-billion-valuation-to-accelerate-growth.html Updated June 11, 2026

Maple Financial announces strategic equity investment from Nesto Group via CMLS. TORONTO, Oct. 18, 2025 (GLOBE NEWSWIRE) - Maple Financial ("Maple"), Canada's fastest-growing alternative residential mortgage lender, is proud to announce a strategic equity investment (the "Investment") from Nesto Group ("nesto") via its wholly owned subsidiary CMLS. This investment brings together the strengths of Maple, nesto, and CMLS - combining a cutting-edge mortgage technology ecosystem, broad distribution channels, and Maple's industry-leading Broker Relationship Management ("BRM") underwriting framework. It marks the beginning of a technology-driven partnership designed to accelerate product development, expand distribution, and deepen the value delivered to mortgage broker partners across Canada to provide a premier alternative lending experience to Canadian consumers. "Canadians are increasingly turning to the broker channel to access a wider range of lenders, competitive rates, and personalized guidance," said Andrew Gilmour, Senior Vice President, Residential of CMLS. "CMLS is committed to supporting Canadians through their homeownership journeys with top of the line products and providing brokers with optionality - whether it's through our CMLS branded AVEO solution or Maple's mortgage product." "This strategic partnership unites two of Canada's most innovative mortgage organizations," said Daniel Webster, President of Maple Financial. "nesto and CMLS combine state-of-the-art mortgage technology and servicing expertise. Maple will leverage nesto's digital platform and CMLS's robust lending, advisory, and asset management capabilities to expand our product shelf, improve speed to market, and deliver more choice and transparency to brokers, borrowers, and institutional partners." Together, Maple and Nesto Group, through CMLS, will accelerate the launch of new products, drive alternative-lending innovation, and deliver a best-in-class BRM service level that empowers broker partners nationwide. This advertisement has not loaded yet, but your article continues below. About Maple Financial Maple Financial is an industry-leading alternative mortgage lender, pioneering the Broker Relationship Management ("BRM") underwriting model - an inventive framework that blends speed, precision, and high-touch service. With its distinctive product shelf and specialized funding partnerships, Maple delivers a unique suite of solutions for brokers and borrowers across Canada. About Nesto Group Nesto Group is Canada's leading provider of mortgage technology and financing solutions, with over $73 billion in residential and commercial mortgages under administration. We are trusted by many of the country's most prominent financial institutions. Nesto Group's activities are carried out principally through CMLS, nesto, and Nesto Cloud. Its mission: to build Canada's mortgage ecosystem of the future and create a true Canadian champion. Media Contact Martin Aubut, CMO Nesto Group [email protected] 514.262.6712