Mortgage FinTech Perch partners with Onlia Insurance to better support homeowners

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Perch, Canadian mortgage FinTech, has partnered with Onlia Insurance to help homeowners get the best insurance policy and a better mortgage offer.

Founded in 2018, Perch claims it helps people manage their home investments with its analytics-driven digital platform – from buying, to mortgage renewals, and refinancing.

Alongside the firm’s dedicated support of a team of real estate and mortgage professionals, users can collaborate and take control of their homeownership journey. Perch currently operates in all provinces and territories across Canada.

The company’s mission is to revolutionise how Ontarians shop and apply for a mortgage online.

By teaming up with Onlia Insurance, the Perch said it is now able to provide an even more streamlined process for consumers to choose a mortgage and home insurance policy in a single checkout.

According to Perch, both companies offer a frictionless option for Canadians to circumvent otherwise traditional, and sometimes tedious, processes of seeking the best rates on mortgages and insurance.

Fleur Dujardin, president of Onlia Insurance, said, “Whether you’re a first-time homebuyer or a veteran in the market, purchasing a property is likely the largest single investment a consumer makes – which can be daunting. We are proud to work with Perch to help take the guesswork out of finding a mortgage and insuring a property by providing a quick and easy, all-in-one digital solution.”

Alex Leduc, CEO of Perch, added, “Our services will go hand in hand, helping home buyers and owners find the best home insurance policies and also get a better mortgage offer. Perch and Onlia both strive to make the home ownership journey as convenient and seamless as possible with an excellent digital experience, so we saw collaborating as a natural fit.”

Earlier this year, Perch raised $4m in a Series A round. The round was headed by Second Century Ventures and saw participation from B.E.S.T Funds, Ontario Centre of Innovation and REALTORS.

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