Announced
Completed
Financials
Sources
Tags
Canada
FinTech
Majority
Domestic
Acquisition
digital mortgage platform
Private
Friendly
Completed
Single Bidder
Synopsis
M3 Group, a non-bank mortgage originator, completed the acquisition of Pinch Financial, a provider of a digital mortgage platform. Financial terms were not disclosed. "Providing a whole customer journey from beginning to end is one of the bigger opportunities out there for brokers when you talk post-pandemic. There’s been a rapid change in consumer behavior of late, and the purchase of Pinch Financial gives our brokers an unmatched ability to generate quality leads to grow their business fast,” Dino Di Pancrazio, M3 Group Chief Strategy Officer.
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