Fundraising Fox

Nesto

Canada, CA · Founded 2018 · 512 employees on LinkedIn · 15 known investors

Nesto is an online mortgage lending platform in Canada that offers origination, funding, and servicing for residential mortgages with transparent pricing and simplified application processes. The company serves homebuyers and those seeking mortgage renewals.

AI & Machine LearningFintechPropTechSaaS

Founders & leadership

Nesto was founded in 2018 by Malik Yacoubi.

MYMalik Yacoubi
Malik YacoubiinCEO & Co-FounderCo-Founder and CEO at Diagram

Investors · 15

Breyer CapitalAustin · $500K – $10M
DiagramMontreal
NAventuresToronto
Endeavor CatalystreportedNew York · $5.5M – $200M
Expedition Growth CapitalreportedLondon
FondactionreportedMontreal
Fonds de solidarité FTQreportedMontreal
Portage VenturesreportedMontreal

Also in the syndicate · 7

FidelityFidelity Investments CanadaLa CaisseLa Caisse de dépôt et placement du QuébecNational Bank of CanadaPICTON InvestmentsPortage

Funding

SEC filings, press & company announcements

$302M disclosed across 1 of 3 rounds · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 4

by search overlap
Zillow1424 shared keywordsZillow operates an online real estate marketplace where consumers can search homes for sale and rentals across US and Canadian cities, view mortgage rate information, and access home financing through Zillow Home Loans. It covers residential property listings, apartments and houses for rent, and mortgage services nationwide.
Scotiabank1117 shared keywordsScotiabank is a global bank offering personal, business, and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets services. It serves individuals and businesses through a workforce of approximately 90,000 employees.
Chase947 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Ctvnews932 shared keywordsCTV News is a Canadian news organization that publishes news articles covering topics such as business, technology, and current events.

Companies competing with Nesto for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

New fintech unicorn Nesto drives AI with $216m Series Efintechfutures.com · Jun 2026Nesto secures nearly $1.5-billion valuation in new Series E round | BetaKitbetakit.com · Jun 2026Montreal Mortgage Innovator Nesto Raises $300M at $1.5B Valuation | Fintech.cafintech.ca · Jun 2026Digital mortgage lender Nesto secures big-name investors in $300-million funding round - The Globe and Mailtheglobeandmail.com · Jun 2026Nesto Raises €11 Million in Funding | The SaaS Newsthesaasnews.com · Apr 2026

Frequently asked questions

What does Nesto do?
Nesto is an online mortgage lending platform in Canada that offers origination, funding, and servicing for residential mortgages with transparent pricing and simplified application processes. The company serves homebuyers and those seeking mortgage renewals.
Who founded Nesto?
Nesto was founded by Malik Yacoubi in 2018.
Who are Nesto's investors?
Nesto's investors include Breyer Capital, Diagram, NAventures, Endeavor Catalyst, Expedition Growth Capital, Fondaction, Fonds de solidarité FTQ, Portage Ventures.
How much funding has Nesto raised?
Nesto has disclosed $302M raised across 1 of its 3 known rounds.
Where is Nesto headquartered?
Nesto is headquartered in Canada, CA.