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Toronto, Ontario--(Newsfile Corp. - August 21, 2024) - Pineapple Financial Inc. (NYSE American: PAPL), a leading Canadian fintech company, today announced early-stage success showcasing the transformative impact of its PineappleONE platform. Designed to streamline mortgage processing, PineappleONE has significantly increased broker efficiency, resulting in a substantial rise in loan volumes and revenue for the company.
Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple"), a leading fintech, today announced the launch of a real-time insights module within its proprietary deal management system, PineappleONE. This advancement strategically positions Pineapple and its brokers to capitalize on the upcoming surge in mortgage renewals across Canada.
TORONTO , April 2, 2024 /PRNewswire/ - Pineapple Financial Inc. (NYSE American: PAPL), a tech-focused mortgage brokerage with an integrated network of partner brokerages and agents across Canada, today announced that the company and CEO Shubha Dasgupta will attend and present at the following financial conferences: LD Micro New York Invitational XIV A platform presenting the emerging stars in the small- and microcap worlds to a global audience of highly engaged investors. Conference Dates: April 8-9, 2024 Conference Location: Sofitel New York, 45 West 44th Street, New York, NY Company Presentation: April 9, 5:30-5:55 PM in Track 2—St. Germain I To register to watch the presentation virtually, please contact Dean Summers ( [email protected] ) to register for the event and schedule a meeting with our company.
Pineapple Financial shares moved higher after the Toronto-based mortgage firm said it expects to achieve profitability in 2024. “The company's growth in 2024 will also likely be buoyed by the industry forecast that, during the next 24 months, 60%, or $1.5 trillion, in the Canadian mortgage market is up for renewal,” Pineapple Financial CEO Shubha Dasgupta said in a statement accompanying the firm's fiscal 2023 financial results.
Pineapple Financial has filed proposed terms for a $6.25 million U.S. IPO. The firm provides mortgage processing technologies and brokerage services in the mortgage industry in Canada. PAPL is producing declining revenue and valuation expectations are excessive.
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