Royal Bank Buys Canadian Fintech Pinch Financial

Dow Jones

03/11

By Robb M. Stewart

Royal Bank of Canada has acquired financial-technology firm Pinch Financial in an effort to bolster its digital mortgage qualification capabilities.

The bank, Canada's biggest by market value and one of the largest in North America by assets, said the purchase of the Toronto-based company will position it to deliver a faster, simpler mortgage experience for customers.

Pinch, which was founded roughly a decade ago, operates a platform that verifies borrower information online to help qualify Canadians for a mortgage and submit applications.

The purchase price wasn't disclosed by Royal Bank.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

March 11, 2026 07:24 ET (11:24 GMT)

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Stewart \n\n\n \n\n\n  Royal Bank of Canada has acquired financial-technology firm Pinch Financial in an effort to bolster its digital mortgage qualification capabilities. \n\n\n  The bank, Canada's biggest by market value and one of the largest in North America by assets, said the purchase of the Toronto-based company will position it to deliver a faster, simpler mortgage experience for customers. \n\n\n  Pinch, which was founded roughly a decade ago, operates a platform that verifies borrower information online to help qualify Canadians for a mortgage and submit applications. \n\n\n  The purchase price wasn't disclosed by Royal Bank. \n\n\n \n\n\n  Write to Robb M. 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