Nesto Cloud provides a fully integrated mortgage platform that digitizes and automates both residential and commercial lending for financial institutions.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions and credit unions often rely on fragmented, manual mortgage processes that are time‑consuming, costly, and prone to compliance errors, especially when handling both residential and commercial loans.
Solution
Nesto Cloud offers a fully integrated, cloud‑native mortgage platform that digitizes and automates the end‑to‑end lending workflow for residential and commercial mortgages. The solution leverages Canada’s advanced cloud infrastructure to accelerate underwriting, adjudication, insurer approval, and commitment issuance, reducing underwriting time by up to 40% and delivering decisions within minutes. Built‑in regulatory engines enforce Canadian federal and provincial compliance in real time, while enterprise‑grade security safeguards sensitive borrower data. The platform provides seamless integration with existing core banking systems, enabling lenders to modernize their operations without replacing legacy technology.
Target Audience
Primary customers are banks, credit unions, and other financial institutions that originate residential and commercial mortgages and seek to improve speed, cost efficiency, and regulatory compliance.
Features
- End‑to‑end digital loan origination covering application capture, credit assessment, underwriting, insurer approval, and commitment generation
- Intelligent automation and workflow orchestration that cuts underwriting cycle time by up to 40%
- Real‑time compliance engine that enforces Canadian mortgage regulations and provincial guidelines
- Enterprise‑grade security architecture with encryption, role‑based access control, and audit logging
- API‑first design for seamless integration with core banking, CRM, and document management systems
- Support for both residential and commercial mortgage products within a single unified platform