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RBC acquires fintech company Pinch Financial

PUBLIC · RYMar 12, 2026

Acquiring Company

Royal Bank of Canada

Acquired Company

Pinch Financial

TorontoMoose JawFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceFintechLending

Description

Royal Bank of Canada announces the acquisition of Pinch Financial Inc., a fintech firm that enhances the mortgage application process. The acquisition aims to provide a quicker and simpler mortgage experience for borrowers in Canada. RBC's senior vice-president highlights the significance of this technology in accelerating their digital initiatives.

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Company Information

Company

Royal Bank of Canada

Location

Toronto, Ontario, Canada

About

Royal Bank of Canada is a leading Canadian multinational financial services company and the largest bank in the country. It provides personal and commercial banking, wealth management, insurance, investor and treasury services, and capital markets services on a global basis.

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Frequently asked

Who acquired Pinch Financial?

Pinch Financial was acquired by Royal Bank of Canada, based in Toronto. The deal was reported on March 12, 2026. Royal Bank of Canada is a leading Canadian multinational financial services company and the largest bank in the country. Royal Bank of Canada is publicly traded (RY) and operates in Financial Services.

When did Royal Bank of Canada acquire Pinch Financial?

Royal Bank of Canada's acquisition of Pinch Financial was reported on March 12, 2026. Royal Bank of Canada announces the acquisition of Pinch Financial Inc., a fintech firm that enhances the mortgage application process. The acquisition aims to provide a quicker and simpler mortgage experience for borrowers in Canada. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pinch Financial do?

Pinch Financial Inc. is a financial technology company founded in 2017 that specializes in simplifying the mortgage application process. It is privately held, operating in Financial Services, and is based in Moose Jaw.

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