Maple Financial has announced a new strategic equity investment by Nesto Group through its subsidiary CMLS, marking a deeper collaboration between some of Canada’s fastest-growing mortgage companies.
The move connects Maple’s alternative residential lending expertise with Nesto’s digital infrastructure and CMLS’ extensive financing and advisory capabilities. The companies said they aim to accelerate product development, expand broker distribution and enhance the overall lending experience for Canadian borrowers.
“Canadians are increasingly turning to broker channels for access to a wider range of lenders, competitive rates and personalized guidance,” said Andrew Gilmour, Senior Vice President, Residential at CMLS. “CMLS is committed to supporting Canadians in their home buying journey with top-tier products and providing brokers with choice – whether through our CMLS-branded AVEO solutions or Maple’s mortgage products.”
Daniel Webster, president of Maple Financial, said the partnership brings together “two of Canada’s most innovative mortgage lending organizations,” adding that Maple will leverage Nesto’s digital platform and CMLS’ lending and asset management expertise to expand its product offerings, increase speed to market and “provide brokers, borrowers and institutional partners with greater choice and transparency.”
Strengthening the growing mortgage ecosystem
This partnership builds on a period of rapid expansion for the Nesto Group. Since acquiring CMLS Group in 2024, the Montreal-based fintech has grown into one of the largest integrated mortgage platforms in the country, managing more than $70 billion in mortgages through Nesto, CMLS and Nesto Cloud.
In June, Nesto Group expanded its commercial lending operations in Quebec, adding new offices in Quebec City and Montreal to strengthen its national presence. Meanwhile, CMLS continues to expand its product lineup and deepen its broker relationships through initiatives such as the AVEO suite of residential products.
Maple is renowned for its broker relationship management (BRM) underwriting model and high-touch service, and this investment provides not only capital support but also advanced technology and service capabilities.
The company said the partnership will help drive innovation in the alternative lending space while maintaining its personalized approach to broker partnerships.
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Last modified: October 18, 2025
