nesto Awarded Mortgage Lender Of The Year By CLA For Second Consecutive Year

What better way to celebrate nesto’s 6th anniversary than receiving the 2024 Lender of the Year Award from the Canadian Lender’s Association (CLA) for a second year? This award goes to the most innovative in online lending, and at nesto, we can proudly say innovation is held.

Why nesto is the CLA’s 2024 Mortgage Lender of the Year

2023 was a big year of doing what nesto does best: upholding our mission to offer thousands of Canadians a positive, empowering home financing experience simplified from start to finish. Here’s how we did it: 

🚀 Teamwork

Winning the CLA award for the second consecutive year is a testament to our team’s unwavering dedication and hard work. They have played a pivotal role in reshaping the digital mortgage landscape for Canadian borrowers and financial institutions with the successful launch of the nesto Mortgage Cloud.

🚀 Scaling Products

nesto has had an exciting year of scaling! We expanded our product into the broker channel, deployed nesto Mortgage Cloud with IG Wealth Management and inked a servicing partnership with Canada Life. We are one of Canada’s top 50 fastest-growing startups for a reason!

🚀 Leadership

Our CEO, Malik Yacoubi, was named to Canada’s Power 100 list. The Power 100 identifies Canada’s top 100 CEOs from a pool of 7,600.

Flashback: nesto as the CLA’s 2023 Mortgage Lender of the Year

Watch nesto’s founders unboxed the award at our office last year!

2022 was a big year for nesto. Our customer-driven focus and the speed and simplicity with which we approach mortgages truly paid off, with nesto achieving some incredible milestones. On top of being one of the lenders with the highest net promoter score (NPS) available in the industry, nesto transitioned from a digital broker to a 100% lender, offering customers a complete end-to-end consumer experience. When we say we support our clients on their mortgage journeys from ‘start to finish,’ we mean start to finish!

By the end of last year, nesto also launched the Mortgage Cloud, a B2B platform that offers a white-label service to other businesses. The Cloud acquired its first client for servicing shortly after its launch: IG Wealth Management. 

The team at nesto pushes forward daily with new methods for acquisition at lower costs while serving customers in the most transparent, unbiased way. We are grateful to receive CLA’s Mortgage Lender of the Year award and will continue to live up to the title through the work nesto does.

Finally, we would like to thank everyone who supported us. We couldn’t be more grateful to our investors, partners, and clients for their trust in us and for believing in our mission from the beginning. And, of course, a very special thanks to the nesto team for all their hard work in helping us get to where we are today.