Haventree Bank
Haventree Bank is a federally regulated Canadian Schedule I bank specializing in alternative residential mortgages for self-employed, credit-challenged, and newcomer borrowers, distributed exclusively through licensed mortgage brokers, and funded by CDIC-insured GIC deposits.
- Company typePrivate
- Founded2017
- HeadquartersToronto, Canada
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Haventree Bank does
Haventree Bank is a federally regulated Canadian Schedule I bank headquartered in Toronto, with a national operational footprint that includes a Calgary mortgage servicing office and approximately 290 employees. The bank specializes as an alternative/B-lender in the Canadian residential mortgage market, serving borrowers who may not qualify at traditional banks — including self-employed individuals, those with bruised credit, newcomers to Canada, and borrowers navigating life transitions such as bankruptcy or divorce — using an "empathetic" underwriting approach that reviews the full borrower story rather than relying solely on credit scores. Its product set is intentionally narrow: fixed-rate residential mortgages (including convertible and open/closed options), CDIC-insured Guaranteed Investment Certificates (GICs), and supporting digital tools such as a prepayment calculator and a NextJob employment support program.
The bank's core technology is a real-time cloud-native Temenos core banking platform, recognized with the Temenos Forward Award 2026 for Customer Impact, alongside a Broker Portal for licensed mortgage brokers (deal submission, pipeline tracking, document upload, commission management), a Client Portal for self-service account management, and a mobile application. Its go-to-market is exclusively intermediated: mortgages and GICs are sold through licensed mortgage brokers and investment/deposit advisors rather than direct consumer channels, supported by dedicated Business Development Managers and an Elite Loyalty Program that rewards broker volume. Revenue is generated primarily through net interest income on originated and held mortgage assets, funded by GIC deposits and other sources, with mortgage rates set case-by-case rather than via a public rate sheet. The bank holds no disclosed parent company or institutional investor backing and operates as a privately held, Canadian-owned institution under OSFI supervision with CDIC membership and Basel III capital compliance.
Haventree Bank firmographics
Firmographics- Name
- Haventree Bank
- Legal name
- Haventree Bank
- Website
- https://haventreebank.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Haventree Bank is a federally regulated Canadian Schedule I bank specializing in alternative residential mortgages for self-employed, credit-challenged, and newcomer borrowers, distributed exclusively through licensed mortgage brokers, and funded by CDIC-insured GIC deposits.
- Ownership category
- akta.pro rank
Haventree Bank industry classification
Industry- Product category
- Alternative Residential Mortgage Lending
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Loan Brokers (6163), Personal Credit Institutions (6141)
- akta.pro primary industry
- Collateral-Based Lines of Credit (Secured Revolving) (FSAKALAH)
Keywords
Where Haventree Bank is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Haventree Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Mortgage Lending: Haventree Bank earns interest income on residential mortgage loans it originates and holds. Mortgages are offered to borrowers who may not qualify with traditional banks (alternative/B lender segment). All mortgages are fixed-rate products available exclusively through licensed mortgage brokers.
- GIC (Guaranteed Investment Certificate) Deposits: Haventree Bank accepts GIC deposits from investors, paying a fixed guaranteed rate of interest. GICs are available through investment and mutual fund advisors/brokers. Deposits are CDIC-insured up to applicable limits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Fixed-rate mortgages — rate determined per borrower based on their unique financial situation |
| Other | Monthly | Prepayment charge reinvestment rates (internal reference rates for early repayment calculations) |
| Other | Annual | GICs — available through investment advisors and brokers |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Haventree Bank product offering
Product offeringCore offering
Haventree Bank is a Canadian Schedule I bank that originates fixed-rate residential mortgages (including convertible mortgage options) for borrowers underserved by traditional banks — self-employed individuals, newcomers, those with bruised credit, and clients in life transitions. It also accepts CDIC-insured Guaranteed Investment Certificate (GIC) deposits. Both product lines are distributed exclusively through licensed mortgage brokers and investment/deposit brokers rather than direct-to-consumer.
Product overview
Haventree Bank is a Schedule I Canadian bank offering an alternative lending platform focused on mortgage solutions and insured deposit products. The core offerings consist of fixed-rate mortgages (including convertible options) and Guaranteed Investment Certificates (GICs), distributed exclusively through a network of licensed mortgage brokers and investment advisors. The digital infrastructure includes a Broker Portal for loan origination and servicing, a Client Portal for account management, and online tools such as a prepayment calculator. The bank also provides a NextJob Program to support clients experiencing unemployment.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Mortgages (fixed-rate and convertible)
Quantifiable outcome
- Temenos Forward Award 2026 — Customer Impact: recognized for real-time cloud-native core modernization
- +1 more outcomes
Companies that use Haventree Bank
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Haventree Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Haventree Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- TemenoscoreTemenos is a Swiss banking technology provider listed on SIX that provides Haventree Bank's cloud-native core banking platform. Haventree Bank was recognized by Temenos at its Forward Awards 2026 for its real-time cloud-native core modernization project, receiving the Customer Impact award. This platform underpins all of Haventree Bank's mortgage lending and deposit operations.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Haventree Bank competitors and assessment
Company assessmentDirect peers
- Home Trust Company: Federally regulated Canadian alternative mortgage lender (Schedule I bank subsidiary) serving borrowers who don't qualify at major banks. Competes head-to-head with Haventree in the broker-distributed B-lender segment.
- Radius Financial Group: Canadian B-lender focused on alternative mortgage solutions for self-employed and non-traditional borrowers, distributed through broker networks. Closely comparable to Haventree in target segment and product features.
- First National Financial Corporation: Large Canadian non-bank mortgage lender that originates both single-family and commercial mortgages through broker networks. Comparable broker-driven distribution and exposure to non-traditional borrowers.
- MCAP Corporation: One of Canada's largest independent mortgage finance companies, originating residential and commercial mortgages through brokers. Similar scale and broker-distributed model to Haventree.
- Equitable Bank: Canadian Schedule I bank that is the largest pure-play alternative mortgage lender in Canada, offering B-lender mortgages and GICs through broker channels. Directly comparable to Haventree in product mix, distribution model, and regulatory status.
- Bridgewater Bank: Canadian Schedule I bank specializing in single-family residential mortgages distributed through brokers. Direct alternative-lending competitor with comparable product set and broker channel.
- RFA Mortgage (Resort Financing & Associates): Canadian alternative mortgage lender offering B-lender products through broker networks, with particular focus on borrowers with non-traditional income documentation. Directly comparable in target segment and product type.
- CMLS Financial: Canadian non-bank mortgage lender providing alternative and conventional residential mortgages primarily through broker channels. Directly comparable in product offering and target borrower profile.
- B2B Bank: Canadian Schedule I bank subsidiary focused on banking products for financial advisors and their clients, including investment loans and GICs. Comparable Schedule I status and advisor-channel distribution.
Emerging players
- QuestBank (Quest Financial Group): Smaller Canadian alternative lender and Temenos platform client (co-awarded at Temenos Forward Awards 2026). Comparable in scale and tech-modernization story, with overlap in alternative-lending target segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Haventree Bank social profiles
Digital presenceHaventree Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Haventree Bank leadership team
Management profileNumber of profiles
Profiles2 records
Haventree Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Haventree Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Haventree Bank
What does Haventree Bank do?
Haventree Bank is a Canadian Schedule I bank that originates fixed-rate residential mortgages (including convertible mortgage options) for borrowers underserved by traditional banks — self-employed individuals, newcomers, those with bruised credit, and clients in life transitions. It also accepts CDIC-insured Guaranteed Investment Certificate (GIC) deposits. Both product lines are distributed exclusively through licensed mortgage brokers and investment/deposit brokers rather than direct-to-consumer.
Is Haventree Bank a public or private company?
Haventree Bank is a private company. It is classified as unknown and is currently operating.
When was Haventree Bank founded?
Haventree Bank was founded in 2017. It employs 101 to 250 people.
Where is Haventree Bank based?
Haventree Bank is headquartered in Toronto, Canada, in the North America region.
How does Haventree Bank make money?
Two revenue lines are on record. Mortgage Lending is the primary driver. The others are GIC (Guaranteed Investment Certificate) Deposits.
Who are Haventree Bank's main competitors?
Direct peers on record are Home Trust Company, Radius Financial Group, First National Financial Corporation, MCAP Corporation, Equitable Bank, Bridgewater Bank, RFA Mortgage (Resort Financing & Associates), CMLS Financial and B2B Bank. QuestBank (Quest Financial Group) is listed as an emerging player.
Does Haventree Bank have an API?
No public API is recorded for Haventree Bank.
What industry is Haventree Bank in?
Haventree Bank's product category is Alternative Residential Mortgage Lending. Its primary akta.pro industry code is FSAKALAH, Collateral-Based Lines of Credit (Secured Revolving). Its NAICS code is 522310 and its SIC code is 6163.