Lendesk / Finmo 2020
Lendesk Technologies acquired Finmo Financial Technologies on October 27, 2020.
- Target
- Finmo Financial Technologies
- Acquirer
- Lendesk Technologies
- Announced
- October 27, 2020
- Sub-sector
- Mortgage Tech
Transaction overview
- Lendesk Technologies announced the acquisition of Finmo Financial Technologies on October 27, 2020.
- The deal is expected to close pending customary conditions.
Strategic rationale
Adds Finmo's fully digital mortgage origination capabilities to Lendesk's broker network and lender connectivity platform.
Deal terms & multiples
Frequently asked questions
When did Lendesk Technologies announce the acquisition of Finmo Financial Technologies?
Lendesk Technologies announced the acquisition of Finmo Financial Technologies on October 27, 2020.
What sub-sector is Finmo Financial Technologies in?
Finmo Financial Technologies is tracked in the Mortgage Tech sub-sector.
Sources
- prnewswire.com /news-releases/leading-canadian-mortgage-tech-company-lendesk-acquires-digital-mortgage-origination-provider-finmo-301160614.html