Wiseday Financial operates a 100% online platform that delivers Canada’s first instant, shoppable mortgage pre-approval letters in roughly five minutes. The service verifies identity and income via Plaid, performs a credit assessment without impacting credit scores, and uses a proprietary algorithm to determine mortgage eligibility. Wiseday offers a zero-commission structure and exclusive rates, passing savings to customers. Since launching, the company has achieved a 45% month-over-month growth rate. The business raised a $5M seed round in 2021 from Havery Capital. Wiseday plans to scale its technology team and continue developing proprietary internal and B2B tools as it aims to digitize the homeownership lifecycle in Canada; the founding team includes executives from RenoRun, Hopper, SSENSE and Ubisoft.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2022