M&A Deal Summary

Lendesk Technologies ULC Acquires Finmo Financial Technologies

On October 27, 2020, Lendesk Technologies ULC acquired software company Finmo Financial Technologies

Acquisition Highlights
  • This is Lendesk Technologies ULC’s 1st transaction in the Software sector.
  • This is Lendesk Technologies ULC’s 1st transaction in Canada.
  • This is Lendesk Technologies ULC’s 1st transaction in Alberta.

M&A Deal Summary
Date 2020-10-27
Target Finmo Financial Technologies
Sector Software
Buyer(s) Lendesk Technologies ULC
Deal Type Add-on Acquisition

Target

Finmo Financial Technologies

Calgary, Alberta, Canada
Finmo Financial Technologies Ltd. is an enterprise saas solution that allows brokers to deliver an exceptional digital mortgage experience to their customers. The company's advanced application and document collection systems allow brokers to cut out manual tasks, eliminate repetitive processes, collaborate better as a team, and inevitably win by signing more deals. Finmo was formed in 2017 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Lendesk Technologies ULC

Vancouver, British Columbia, Canada
Category Company
Founded 2013
Sector Software
DESCRIPTION

Lendesk Technologies is a financial technology company on a mission to create graceful products that simplify the mortgage process and help fund the future. The company's flagship product is an advanced digital mortgage origination platform that connects borrowers, brokers, and lenders. Lendesk Technologies was formed in 2013 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
Mergr

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