Toronto-based fintech Pine has surpassed $1 billion in mortgages under administration and unveiled Pine Homes, a new product suite integrating real estate search, financing, and insurance.
The expansion follows Pine’s 2023 acquisition of Properly and brings the entire homeownership process into one digital experience. Since its 2021 founding by Justin Herlick and Jonathan Shih, Pine has approved over $3 billion in mortgage applications for 55,000+ families. Backed by $50 million in funding, Pine uses AI to shorten purchase times and reduce costs. CEO Herlick said the goal is to simplify real estate for Canadians.
Want to know more? Check out the source code on Fintech.ca.