Lendesk / Finmo 2020
Lendesk acquired Finmo on October 27, 2020.
- Target
- Finmo
- Acquirer
- Lendesk
- Announced
- October 27, 2020
- Sub-sector
- Mortgage Tech
Transaction overview
- Lendesk announced the acquisition of Finmo on October 27, 2020.
- The deal is expected to close pending customary conditions.
Strategic rationale
Adds Finmo's fully digital mortgage origination platform to Lendesk's broker connectivity network.
Deal terms & multiples
Frequently asked questions
When did Lendesk announce the acquisition of Finmo?
Lendesk announced the acquisition of Finmo on October 27, 2020.
What sub-sector is Finmo in?
Finmo 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