EN zh-TW

newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

fintech / news / / MarketScreener

Royal Bank of Canada has acquired financial-technology firm Pinch Financial.

Royal Bank of Canada has acquired Toronto-based financial-technology firm Pinch Financial.

KEY POINTS
By Robb M. Stewart Royal Bank of Canada has acquired financial-technology firm Pinch Financial in an effort to bolster its digital mortgage qualification capabilities. The bank, Canada's biggest by market value and one of the largest in North America by assets, said the purchase of the Toronto-based company will position it to deliver a faster, simpler mortgage experience for customers. Pinch, which was founded roughly a decade ago, operates a platform that verifies borrower information online to help qualify Canadians for a mortgage and submit applications. The purchase price wasn't disclosed by Royal Bank. Write to Robb M. Stewart at [email protected] (END) Dow Jones Newswires 03-11-26 0739ET
COMPANIES
Read the full story on MarketScreener → →
Share X LinkedIn

Summarized by Newsio from MarketScreener. How we summarize →

RELATED 03
business · news · 12h 136

Trump Media & Technology Group (DJT) has drawn fresh attention after recent share price swings.

  • Trump Media & Technology Group posted a net loss of US$1,086.15m on just US$3.73m revenue.
  • DJT's price-to-book ratio of 1.8x remains higher than the US industry average of 1x.
simplywall.st →
genai · news · 13h 132

250+ corporate and financial institution leaders convene in Singapore as APAC payments market reaches ~US$18 trillion.

  • The Asia Pacific payments market has reached an estimated US$18 trillion in transaction value.
  • Bank of America spends over US$13 billion annually on technology, powering platforms like CashPro and Intelligent Receivables.
PR Newswire →
business · news · 14h 80

Rocket Companies, Inc. priced its previously announced private offering.

  • Rocket Companies increased its note offering to $1.5 billion, up from the previously announced $1.2 billion.
  • The offering consists of $900 million 6.125% notes due 2031 and $600 million 6.5% notes due 2034.
PR Newswire →