RBC buys mortgage tech provider Pinch
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In a move that highlights the growing importance of fintech in the mortgage industry, Royal Bank of Canada (RBC) has acquired Pinch Financial, a Toronto-ba
RBC buys mortgage tech provider Pinch
In a move that highlights the growing importance of fintech in the mortgage industry, Royal Bank of Canada (RBC) has acquired Pinch Financial, a Toronto-based provider of digital mortgage qualification technology. This acquisition underscores the increasing demand for streamlined and efficient mortgage processes, which could have implications for the Swiss banking sector as it continues to navigate the digital transformation of its mortgage offerings. As Swiss banks explore opportunities to enhance their mortgage services, RBC's acquisition of Pinch serves as a reminder of the need to stay competitive in a rapidly evolving market. The acquisition's terms were not disclosed, but it is expected to have a significant impact on the Canadian mortgage landscape.
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Original Article: RBC buys mortgage tech provider Pinch
Published: March 12, 2026
This article was automatically aggregated from Finextra for informational purposes. Summary written by AI.
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Original Source
This article is based on RBC buys mortgage tech provider Pinch (Finextra)
