On December 13, 2022, Nesto, a Montreal-based online mortgage lender, completed its $80 million Series C financing round with participation from Portage. Nesto will use the funding from the all-equity round to develop its technology, expand its marketing capabilities across Canada, and launch its B2B mortgage offering.
Portage is a global fintech and financial services investment platform. Its mission is to empower entrepreneurs reshaping financial services.
Osler, Hoskin & Harcourt LLP advised Portage with a team consisting of Shahir Guindi, Marc-William Carrothers, Samuel Cantin (Corporate), and Manon Thivierge (Tax).