$2.1 Trillion Canadian Mortgage Market Poised for Growth as Bank of Canada Rate Cut Sparks New Opportunities for Pineapple
Toronto, Ontario--(Newsfile Corp. - July 25, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), Canada's mortgage fintech leader, with an extensive network of partner brokerages and agents throughout Canada, announced today the Bank of Canada (BoC) reduced its benchmark interest rate by 25 basis points to 4.5%. This marks the second consecutive rate cut in the current cycle and signifies a crucial shift aimed at stimulating economic activity amid a cooling inflation environment. This...
2024-07-25 6:45 AM EDT
Pineapple Financial Inc. Partners with Walnut Insurance to Add Additional Revenue Stream Tapping into $85 Billion P&C Insurance Market
Toronto, Ontario--(Newsfile Corp. - July 22, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with a comprehensive network of partner brokerages and agents across Canada, proudly announces a groundbreaking partnership with Walnut Insurance. This collaboration aims to integrate Walnut's Property and Casualty (P&C) insurance into Pineapple's proprietary deal management system, PineappleONE, enhancing the home-buying process...
2024-07-22 6:45 AM EDT
Pineapple Financial Inc. Announces 20.43 Percent Revenue Growth in Fiscal 2024 Third Quarter Ended May 31, 2024
Toronto, Ontario--(Newsfile Corp. - July 15, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a leading tech-focused mortgage firm with an integrated network of partner brokerages and agents across Canada, today announced that, for its third 2024 fiscal quarter ended May 31, 2024, the company achieved revenue of $736,448, a 20.43 percent increase as compared to revenue of $603,231 for its fiscal 2023 third quarter ended May 31, 2023. Pineapple generated $377.64 million in residential...
2024-07-15 6:22 PM EDT
Pineapple Financial to Participate in 3rd Annual Investor Clubhouse at RBC Canadian Open, May 30 - June 2, 2024
Toronto, Ontario--(Newsfile Corp. - May 30, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("the Company" or "Pineapple"), a tech-focused mortgage brokerage with an integrated network of affiliate brokerages and agents across Canada, today announced it will participate in the 3rd Annual Investor Clubhouse at the RBC Canadian Open, May 30 - June 2 at the Hamilton Golf & Country Club in Hamilton, Ontario. Sponsored by Investor.Events, the event will feature nearly 100 companies and an...
2024-05-30 8:05 AM EDT