Nesto

Fintech · Montreal, CA · nesto.ca

Montreal-based online mortgage lender and mortgage technology ecosystem builder.

Founders

Malik Yacoubi (Canada · ♂) — A serial Canadian entrepreneur who built mobile marketing and carrier-billing companies since university, he co-founded Nesto in 2018 as CEO to create Canada's first fully digital mortgage platform.
Karim Benabdallah (Canada · ♂) — Yacoubi's longtime co-founder since their student days, he co-founded Nesto as CTO to build its digital mortgage technology.
Damien Charbonneau (Canada · ♂) — An industrial engineer who went from McKinsey to venture builder Diagram, he joined as co-founder and COO in 2018 to launch Nesto's digital mortgage platform.
Chase Belair (Canada · ♂) — A mortgage industry veteran with over 14 years of experience, he co-founded Nesto as principal broker to bring mortgage expertise to the digital lender.

Shares the most investors with (number = shared investors):

Date	Round	Amount
Jun 2026	Series D Plus Nesto raises a Series E with 107 million Canadian dollars of primary capital (about 78 million USD, plus 195 million CAD of secondary) at a valuation close to 1.5 billion CAD, to bring AI into the mortgage lending process.	$220M
Apr 2026	Funding round Nesto raises 11 million euros from English growth investor Expedition Growth Capital.	$12.8M
Apr 2021	Seed Nesto, the Japanese well-being community platform, raised a JPY 100M seed from Gaiax, DG Ventures, Concord Ventures and others (including some debt).	—

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Data is community-curated and may be incomplete.