Pineapple Announces Strategic Partnership with BMO to Expand Homeownership Accessibility in Canada
Pineapple Financial (NYSE American: PAPL) has announced a strategic partnership with Bank of Montreal (TSX: BMO) through BMO's new BrokerEdge™ initiative. This collaboration enables Pineapple's network of agents to access BMO's home financing solutions, expanding their service capabilities in Canada's $1.8 trillion mortgage market. The partnership leverages Pineapple's technology platform to streamline broker services and is expected to drive revenue growth by increasing mortgage origination volume. This alliance comes at a time when Canada's mortgage broker channel is experiencing significant growth, particularly among first-time homebuyers.