MCAP

Toronto, Canada Founded: 1981 • Age: 45 yrs
Residential and commercial mortgage services are provided across Canada.
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About MCAP

MCAP is a company based in Toronto (Canada) founded in 1981 by Achille Fankem.. MCAP has completed 1 acquisition, including QwickBonds. MCAP offers products and services including Residential Mortgages, Commercial Mortgages, and Development Finance. MCAP operates in a competitive market with competitors including Export Development Canada, Levr, GE Capital, Fairstone and Home Capital Group, among others.

  • Headquarter Toronto, Canada
  • Founders Achille Fankem
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mcap
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $200.01 M (USD), Debt – Conventional

    Mar 04, 2025

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of MCAP

MCAP offers a comprehensive portfolio of products and services, including Residential Mortgages, Commercial Mortgages, and Development Finance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides loans for Canadian homeowners and investors.

Financing options for business properties and investments.

Funding solutions for real estate development projects.

People of MCAP
Headcount 1000-5000
Employee Profiles 184
Employee Profiles
People
Andrew Huang
Mortgage Underwriter
People
Janine Courchesne
Manager, Servicing Operations
People
Susannah Boisclair
Director, Funding & Servicing
People
Grace Carr
Associate Director, Servicing Initiatives

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Funding Insights of MCAP

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $200.0M
  • First Round

    (01 Dec 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2025 Amount Debt – Conventional - MCAP Valuation

investors

Dec, 2017 Amount Debt – Conventional - MCAP Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by MCAP

MCAP has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include QwickBonds. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online platform for real-time bond offerings, compare pricing and increase liquidity
1986
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - MCAP

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mcap Comparisons

Employees
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Competitors of MCAP

MCAP operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Export Development Canada, Levr, GE Capital, Fairstone and Home Capital Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Residential and non-residential mortgage loans are provided in Canada.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mcap

Frequently Asked Questions about MCAP

When was MCAP founded?

MCAP was founded in 1981 and raised its 1st funding round 36 years after it was founded.

Where is MCAP located?

MCAP is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of MCAP?

Mark Aldridge is the current CEO of MCAP.

What does MCAP do?

MCAP was founded in 1981 in Toronto, Canada, and operates within the financial services sector. Mortgage solutions for residential and commercial properties are offered, including lending, servicing, and related operations. The company is headquartered in Toronto and serves clients throughout Canada. Leadership is provided by CEO Mark Aldridge and Co-Founder Achille Fankem, with a focus on mortgage-related financial products.

Who are the top competitors of MCAP?

MCAP's top competitors include GE Capital, Fairstone and Accord Financial.

What products or services does MCAP offer?

MCAP offers Residential Mortgages, Commercial Mortgages, and Development Finance.

How many acquisitions has MCAP made?

MCAP has made 1 acquisition, including QwickBonds.

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