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.
Built on the foundation of 50 years of mortgage expertise from the acquisition of CMLS, and powered by nesto’s proprietary Mortgage Cloud technology and AI-driven innovation, we’re transforming decades of industry knowledge into scalable automation and intelligent lending solutions.
2018
From the outset, nesto has been revolutionizing property financing in Canada. Since nesto’s founding in 2018, nesto has been on a mission to offer a positive, empowering and transparent property financing experience, simplified from start to finish.
2019
nesto began as a pioneer in online mortgage brokerage in 2019, quickly establishing a presence across Canada. By 2020, it had evolved into the country’s first fully digital mortgage lender, offering Canadians a streamlined and transparent home financing experience. This transition marked a significant milestone in modernizing the mortgage industry in Canada, positioning nesto at the forefront of digital lending innovation.
2021
nesto raises $76 million to accelerate growth and offer more Canadians “Low From the Get Go” mortgage rates.
2022
We developed a fully integrated digital platform that streamlines every step of the mortgage journey, from origination and funding to servicing. This efficiency allowed us to offer our customers highly competitive rates and award winning consumer experience with a NPS of 70.
Our proprietary technology platform has been instrumental in our growth, powered by several hundred million dollars in funding. This investment has allowed us to serve over 500,000+ customers and process billions in mortgage volume annually.
An $80 million Series C funding round enabled nesto to expand its offerings with the introduction of nesto Mortgage Cloud. This B2B solution empowers other players in the mortgage industry with our innovative technology.
IG Wealth Management selected nesto to help grow its mortgage business.
2023
2023 was a defining year for nesto, with milestones that highlighted both industry leadership and social impact. From being named Mortgage Lender of the Year, to becoming one of the first mortgage companies in the world to achieve B Corp certification, and forging a strategic partnership with Canada Life, nesto continued to raise the bar for what Canadians can expect from their mortgage experience.
nesto was named Mortgage Lender of the Year by the CLA.
nesto became a certified B Corp (B Corp™) company, one of the first in its industry to do so. This achievement speaks to a commitment to meeting the highest standards of social and environmental performance, public transparency, and legal accountability to balance profit and purpose.
Canada Life and nesto entered into a strategic partnership to provide mortgage service and administration for Canada Life’s residential mortgage customers.
2024
2024 marked the beginning of a bold new chapter for nesto with the acquisition of CMLS Group, Canada’s third-largest mortgage finance company. Together, the combined strength of nesto, CMLS, and Intellifi accelerated the vision of building Canada’s Mortgage Ecosystem of the Future. Industry recognition, brand modernization, and new partnerships throughout the year reinforced nesto’s growth and leadership across both consumer and institutional markets.
nesto was named Mortgage Lender of the Year by the CLA.
nesto announced the acquisition of the CMLS Group (“CMLS”), the third-largest mortgage finance company in Canada. The combined entity will build Canada’s Mortgage Ecosystem of the Future.
CMLS was recognized by Canadian Mortgage Professional (CMP) as a top lender in the Broker Survey, highlighting its strong partnerships, competitive offerings, and commitment to broker success.
CMLS unveiled a refreshed brand identity, reflecting its commitment to innovation, client service, and leadership in Canada’s commercial and residential mortgage markets.
nesto was recognized by the 2024 Deloitte Technology Fast 50™ awards program for its rapid growth, entrepreneurial spirit, and bold innovation.
Alterna Savings announced its partnership with Intellifi, a Nesto Group subsidiary and state-of-the-art loan processing team, to establish a quicker, frictionless mortgage journey for their members and brokers.
2025
In 2025, nesto Group continued to strengthen its position as Canada’s leading technology-enabled mortgage lender. The year brought industry recognition as a Top Mortgage Employer by CMP, a MOR RS Servicer ranking with a Stable trend from DBRS, and the expansion of commercial mortgage origination in Quebec through CMLS. With a new office in Quebec City, an enhanced presence in Montreal, and the addition of a seasoned team of experts, nesto advanced its mission to serve both consumer and commercial markets nationwide.
nesto Group, Canada’s largest technology-enabled mortgage lender, was recognized as a Top Mortgage Employer by Canadian Mortgage Professional (CMP) for 2025. This prestigious award highlights nesto’s dedication to fostering a supportive work environment and creating a culture that values its employees.
nesto was named Mortgage Lender of the Year by the CLA.
DBRS Limited (Morningstar DBRS) assigned a Canadian Residential Mortgage Servicer ranking of MOR RS with a Stable trend to Nesto Inc. (nesto).
The Nesto Group, through CMLS, launched its commercial mortgage origination activities in Quebec. The group welcomes a team of 10 experts led by Charles-André Roy and Charles-Benoît Parent, two renowned figures in the industry. The Group is also opening an office in Quebec City and strengthening its presence in Montreal better to serve commercial real estate borrowers across the province.
The Nesto Group, through CMLS, launched its commercial mortgage origination activities in Quebec. The group welcomes a team of 10 experts led by Charles-André Roy and Charles-Benoît Parent, two renowned figures in the industry. The Group is also opening an office in Quebec City and strengthening its presence in Montreal better to serve commercial real estate borrowers across the province.
Nesto Group is committed to developing AI-powered cloud solutions that transform the lending industry. Our focus is on driving success for our People, our Partners, and our Clients— especially in today’s economic climate, where productivity and consumer satisfaction are more critical than ever.
Nesto Group is supported by a strong and diverse base of investors who share its vision of building the mortgage ecosystem of the future, including IGM Financial, Diagram Ventures, Portage, NAventures (National Bank of Canada’s corporate venture capital arm), and BMO Capital Partners, Fonds de solidarité FTQ and Fondaction. These partnerships enable Nesto Group to continue its rapid growth, innovate its technology, and expand its reach across Canada.
Our partnerships with major financial institutions like IG Wealth Management, Canada Life, and Alterna, as well as its white-label solutions, showcase our ability to integrate with and serve key players in the financial sector.
We take ownership of our craft. Always on the hunt for opportunities to grow, we never settle.
We push the boundaries of what’s possible to deliver the very best products and services, because we play to win.
We support each other, celebrate our teamwork, and have a blast! Our diverse perspectives and our culture of meritocracy lead to creative solutions and stronger outcomes.
Speed is our superpower. We harness it everywhere: from decision making to implementing new ideas and products.
We operate with honesty, integrity, and transparency, building trust with everything we do.
Our clients’ success is our success.
At Nesto Group, our commitment to people, planet, and purpose is deeply embedded in everything we do. As a forward-thinking lender and employer, we believe that building the mortgage ecosystem of the future also means contributing to a more equitable, sustainable, and inclusive world.
Just a few of the social initiatives that Nesto Group and our employees proudly support:
We care about making things right.
Our environmental efforts are part of our daily operations and long-term goals. As a proud B Corp certified company, we uphold the highest standards of social and environmental performance.
We care about making things right.
Our environmental efforts are part of our daily operations and long-term goals. As a proud B Corp certified company, we uphold the highest standards of social and environmental performance.
We’re always here to give a push when it’s needed most.
Nesto Group proudly supports and participates in community-driven initiatives such as:
These awards are a testament to the trust, transparency, and excellence we bring to every client interaction. For our clients, these recognitions mean assurance in choosing a partner committed to delivering industry-leading service and unwavering reliability.
nesto reçoit le titre de meilleur employeur hypothécaire 2025 de la part de Canadian Mortgage Professionals
nommé prêteur hypothécaire Canadien de l’année par l’Association Canadienne des Prêteurs (CLA) en 2024
Septembre 2024 – meilleur prêteur hypothécaire global au Canada selon le sondage des courtiers hypothécaires CMP
Meilleurs lieux de travail GPTW en Services Financiers & Assurances 2023
nommé meilleur prêteur hypothécaire global au Canada en 2024 selon le sondage des courtiers hypothécaires CMP
Mars 2024 – Morningstar DBRS assigne la note MOR RS1 pour la gestion des hypothèques résidentielles Canadiennes à la Financière CMLS
Lauréat Deloitte Technology Fast 50™ en 2024
Octobre 2024 – Morningstar DBRS confirme la note de gestionnaire hypothécaire de la Financière CMLS
nommé meilleur prêteur hypothécaire par Forbes Advisor en 2024
Octobre 2024 – Fitch confirme les notes de « Primary », « Master » et « Special Servicer » pour CMLS Commercial
nommé meilleur prêteur hypothécaire par Forbes Advisor en 2023
Meilleurs lieux de travail GPTW en Services Financiers & Assurances 2022
nommé prêteur hypothécaire Canadien de l’année par l’Association Canadienne des Prêteurs (CLA) en 2023
Lauréat Deloitte Technology Fast 50™ en 2023
GPTW Best Workplaces in Financial Services & Insurance 2022
