Le Lézard
Classified in: Business
Subject: BUSINESS CONTRACTS

nesto enters a strategic alliance with M3 Mortgage Group to enter the Broker channel


MONTREAL, Jan. 25, 2024 (GLOBE NEWSWIRE) -- nesto, Canada's leading digital mortgage lender, will start distributing mortgages via the broker channel in 2024 through an exclusive brokerage services relationship with the M3 Group. M3 Group is #1 broker network in Canada, with over 8,500 participating brokers under the Multi-Prêts, Mortgage Alliance, Mortgage Intelligence, Invis Mortgage Solutions, and Verico brands.

Since 2018, nesto has been on a mission to deliver a positive, empowering and transparent property financing experience, simplified from start to finish for all Canadians. In 2024, nesto intends to further execute on this mission by expanding its reach through the M3 Group's extensive broker network.

"To further deliver our mission at scale, we want to distribute nesto mortgages via the channels that are most attractive to Canadians," says Malik Yacoubi, Co-founder and CEO of nesto. "M3 Group is a perfect match, a company that mirrors our values of exceptional customer experience through fast and efficient service, digital transformation, and a strong ambition for growth."

M3 Group has a long-standing history of integrating new and innovative lenders into the broker channel through exclusive relationships and is thrilled to announce this strategic partnership with nesto.

"We are excited to be able to bring this exclusive national lender to our brokers across Canada. This partnership was a natural fit with our broker-first mentality, coupled with their passion for helping customers seamlessly achieve the dream of home ownership with market-leading rate offerings," says Luc Bernard, Chairman & CEO of M3 Group.

This partnership allows the M3 group to continue to offer industry-leading lender options to its brokers while allowing nesto access to one of the largest brokers in Canada.

About nesto

nesto is Canada's leading digital mortgage lender. with 300+ employees and qualified mortgage experts supported by advanced technologies. The company is on a mission to offer a positive, empowering and transparent property financing experience, simplified from start to finish to all Canadians. nesto is delivering on this mission by offering Canadians the most advanced direct-to-consumer digital mortgage experience. nesto also enables Canadian Financial Institutions to transform their mortgage experience via nesto's proprietary technology: the nesto Mortgage Cloud.

For more information on nesto : https://www.nesto.ca/

Media contact :
Martin Aubut
CMO nesto
[email protected]
514.262.6712

About M3 Financial Group

Based in Montreal, Quebec, The M3 Group is the #1 non-bank mortgage originator and undisputed leader in mortgage brokerage across Canada. With more than 8,500 brokers and $75+ billion in annual loan volumes on a trailing twelve month basis, the broker-led, data driven, consumer obsessed group and its subsidiaries, Multi-Prêts Mortgages, Mortgage Alliance, Invis, Mortgage Intelligence, Verico, Simplinsur/SimplAssur, M3 Tech, M3 Ventures, YourMortgageMarket.com and Pinch Financial have a single goal: be the best consumer ally when it comes to serving the financial needs of Canadians from coast to coast.

For more information on M3 Financial Group, please visit the company website at https://www.m3-grp.com/

Media contact :
Maxime St-Laurent
[email protected]
514.443.7742


M3 and nesto leadership team


From left to right: Dino Di Pancrazio, Malik Yacoubi, Eric Chamelot, Chase Belair, Sylvain Hétu, Damien Charbonneau

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/78fe0f9a-05ae-40ac-bce7-ed4e384ffb80
https://www.globenewswire.com/NewsRoom/AttachmentNg/80a3c6fb-f976-4c92-a2ff-38b864e1c118



These press releases may also interest you

21 jun 2024
Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 5, 2024 to file lead plaintiff applications in a securities class action lawsuit against The...

21 jun 2024
The Prime Minister, Justin Trudeau, today issued the following statement on the passing of James K. Irving: "It is with sadness that I learned today of the passing of James K. Irving, a successful Canadian business leader and entrepreneur. "A proud...

21 jun 2024
TSX VENTURE COMPANIES NEX COMPANY BULLETIN V2024-1898 CHINA KELI ELECTRIC COMPANY LTD. ("ZKL.H")BULLETIN TYPE:  Reinstated for TradingBULLETIN DATE:  June 21, 2024NEX Company Further to the TSX Venture Exchange Bulletin dated January 9, 2023, the...

21 jun 2024
B2Gold Corp. ("B2Gold" or the "Company") is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders (the "Meeting") held on Thursday, June 20, 2024. A total of 845,972,994 common shares were voted at the...

21 jun 2024
Global X Investments Canada Inc. ("Global X") is pleased to announce the distribution amounts per security (the "Distributions") for its exchange traded funds (the "ETFs"), for the period ending June 30, 2024, as indicated in the tables below. The...

21 jun 2024
The Minister of Diversity, Inclusion and Persons with Disabilities, the Honorable Kamal Khera, and the Minister for Women and Gender Equality and Youth, the Honorable Marci Ien, will be in Mississauga to announce investments in mental health support...



News published on and distributed by: