Tango Financial
Tango Financial is a Canadian mortgage brokerage network founded in 2017 that supports 585+ independent brokers and 70+ teams across British Columbia, Alberta, and Ontario through its Paragon Mortgage and Compass Mortgage subsidiaries, providing lender access, commission splits, and technology tools.
- Company typePrivate
- Founded2017
- HeadquartersBurnaby, Canada
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Tango Financial does
Tango Financial is a Canadian mortgage brokerage network that operates as the parent organization of two retained subsidiary brands — Paragon Mortgage (founded 2005) and Compass Mortgage (founded 2010) — formed through a 2017 merger. The company provides independent mortgage brokers and teams with lender access, commission-based compensation structures, technology vendor discounts (without forced platform lock-in), and a collaborative community. Tango operates across British Columbia, Alberta, and Ontario, with 585+ mortgage brokers and 70+ teams originating $50M+ per year, facilitating $5.7B+ in annual mortgage volume. It sits within the VERICO Financial Group under the M3 Group corporate umbrella; all agents are licensed under Paragon Mortgage or Compass Mortgage, and Ontario agents also license through Tango Ontario (launched 2024).
The platform model combines collective bargaining power over lender relationships with a broker-friendly economics stack: tiered commission splits at lower volumes, an opt-in flat-fee model for scaling teams, and full pass-through of lender volume bonuses (up to 40% on top of base commission). The go-to-market is channel-led — Tango recruits and retains independent brokers via higher-tier lender access, no contracts (month-to-month), technology freedom, and community programming (lender meetings, quarterly get-togethers, annual retreats). In May 2026 Tango finalized a partnership with Tactical Mortgage Solutions to give brokers access to coaching and lead-conversion software at no individual cost.
The revenue model is transaction-based commission splits on broker-originated mortgages; the company does not publicly disclose end-consumer pricing. Geographic operations run from offices in Burnaby and Kelowna, BC, with field leadership for Alberta and Ontario. No external institutional funding is disclosed; ownership is described as founder-owned within the VERICO/M3 Group structure.
Tango Financial firmographics
Firmographics- Name
- Tango Financial
- Legal name
- Tango Financial
- Website
- https://tangofinancial.ca
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Tango Financial is a Canadian mortgage brokerage network founded in 2017 that supports 585+ independent brokers and 70+ teams across British Columbia, Alberta, and Ontario through its Paragon Mortgage and Compass Mortgage subsidiaries, providing lender access, commission splits, and technology tools.
- Ownership category
- akta.pro rank
Tango Financial industry classification
Industry- Product category
- Mortgage Brokerage Services
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)
- akta.pro secondary industries
- Commercial Mortgage Brokerage (FSAEAEAB), Debt & Structured Finance / Mortgage Brokerage (BPAJABAK)
Keywords
Where Tango Financial is headquartered
LocationHeadquarters
- HQ city
- Burnaby
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Tango Financial business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Mortgage Commission Splits: Tango Financial earns revenue through commission splits with mortgage brokers. The company offers fair splits at lower volumes for new brokers and flat-fee models for high-volume earners. Lenders reward high-performing teams with bonuses based on volume tiers and funding ratios, which Tango shares entirely with brokers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Per transaction | Standard Commission Split |
| Transaction based/ take rate | Per transaction | Flat-Fee Model for High Volume |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Tango Financial product offering
Product offeringCore offering
Tango Financial operates a Canadian mortgage brokerage network that supports 585+ independent mortgage brokers across British Columbia, Alberta, and Ontario under its Paragon Mortgage, Compass Mortgage, and Tango Ontario brands. The company provides brokers with higher-tier lender access through collective volume, fair commission splits with a flat-fee option for high-volume earners, full sharing of lender bonuses (up to 40% additional), month-to-month contract flexibility, technology freedom, and a collaborative community culture.
Product overview
Tango Financial operates as a mortgage brokerage network with a platform-plus-subsidiary-brands architecture. The parent organization (Tango Financial) was formed in 2017 through the merger of Paragon Mortgage and Compass Mortgage, and provides brokers with access to lender networks, technology tools, and support services. The two primary subsidiary brokerages—Paragon Mortgage (founded 2005) and Compass Mortgage (founded 2010)—operate under the Tango umbrella, with all agents licensed under one of these two brands. Tango Ontario, launched in 2024, extends operations into Ontario. The platform offers mortgage services including purchases, refinances, home equity lines of credit, private mortgages, specialized solutions (reverse mortgages, purchase plus improvements), and commercial financing.
Differentiator
Problem solved
Functional benefit
Brands
- Paragon Mortgage: Full-service mortgage brokerage serving British Columbia and Alberta, founded in 2005
- Compass Mortgage
- Tango Ontario
Products and services
- Paragon Mortgage Full-service mortgage brokerage providing residential and commercial financing across British Columbia and Alberta, founded in 2005 by Steve Rogerson and now operating under the Tango Financial umbrella.
- Compass Mortgage Full-service mortgage brokerage delivering financing solutions across British Columbia and Alberta, founded in 2010 by Dean Larson and now operating as a subsidiary brand of Tango Financial.
- Tango Ontario Ontario regional mortgage brokerage launched in 2024 by Tango Financial under co-leads Brandon Love and Tom Moffat, providing the Tango broker platform's lender access, commission economics, and support services to Ontario-based agents and teams.
Quantifiable outcome
- Up to 40% additional earnings through bonus sharing
- +2 more outcomes
Companies that use Tango Financial
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles2 records
Tango Financial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Tango Financial partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Tactical Mortgage Solutions (TMS)coreTango Financial finalized a partnership with Tactical Mortgage Solutions on May 1, giving its brokers access to TMS's coaching and lead-conversion software at no individual cost. The platform is designed to help brokers structure client conversations, build customized mortgage strategies, and provide more visual, client-friendly advice beyond just quoting rates.
- VERICO Financial GroupcoreTango Financial is part of the VERICO Financial Group, which itself operates under the M3 Group. VERICO Mortgage Brokers Network connects independent mortgage brokerages across Canada.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Tango Financial competitors and assessment
Company assessmentDirect peers
- intelliflex Mortgage Group: Canadian mortgage brokerage network providing independent brokers with lender access, technology tools, and administrative support. Similar multi-brand, commission-based model to Tango Financial.
- Centum Financial Group: Canadian mortgage brokerage network offering independent brokers lender relationships, technology, and marketing support. Comparable to Tango's network model, with similar focus on empowering independent mortgage professionals.
- Mortgage Architects: Canadian mortgage brokerage network providing technology, lender access, and back-office support to independent brokers. Operates a similar platform-plus-network model to Tango and competes for the same independent broker recruitment pool.
- 8Twelve Mortgage Network: Canadian mortgage brokerage network serving independent mortgage professionals with lender access and operational support. Closely comparable to Tango in target customer (independent brokers), revenue model, and multi-brand architecture.
- Dominion Lending Centres (DLC Group): Largest Canadian mortgage brokerage network, operating a multi-brand platform with thousands of brokers across the country. Directly comparable to Tango in business model (commission splits, multi-brand recruitment, lender-tier leverage), but materially larger scale.
Others
- Lendesk: Canadian mortgage technology provider offering software tools to mortgage brokers and lenders. Relevant as a technology ecosystem player that Tango brokers may use, comparable to Tango's reliance on partner-provided tools (e.g., TMS).
Broad incumbents
- VERICO Financial Group: Parent network under which Tango operates (alongside M3 Group). VERICO connects independent Canadian mortgage brokerages and provides shared infrastructure, making it both a parent and a comparable network platform.
- CanWise Financial: Canadian mortgage brokerage and lending operation now owned by RBC. Comparable to Tango in offering mortgage brokerage services, but operates at larger scale and benefits from bank-level distribution and capital.
Emerging players
- Pineapple Financial: Canadian mortgage technology and brokerage company providing digital tools for the mortgage industry. Comparable to Tango's broker-support platform but differentiates through proprietary technology rather than network scale.
- nesto: Tech-enabled Canadian mortgage brokerage platform offering digital-first mortgage origination. Comparable to Tango's broker-network model but competes via proprietary technology and direct-to-consumer channels rather than independent broker recruitment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Tango Financial social profiles
Digital presenceTango Financial financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tango Financial leadership team
Management profileNumber of profiles
Profiles9 records
Tango Financial subsidiaries and ownership
Company hierarchySubsidiaries3 records
Tango Financial funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tango Financial 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 Tango Financial
What does Tango Financial do?
Tango Financial operates a Canadian mortgage brokerage network that supports 585+ independent mortgage brokers across British Columbia, Alberta, and Ontario under its Paragon Mortgage, Compass Mortgage, and Tango Ontario brands. The company provides brokers with higher-tier lender access through collective volume, fair commission splits with a flat-fee option for high-volume earners, full sharing of lender bonuses (up to 40% additional), month-to-month contract flexibility, technology freedom, and a collaborative community culture.
Is Tango Financial a public or private company?
Tango Financial is a private company. It is classified as corporate owned and is currently operating.
When was Tango Financial founded?
Tango Financial was founded in 2017. It employs 251 to 500 people.
Where is Tango Financial based?
Tango Financial is headquartered in Burnaby, Canada, in the North America region.
How does Tango Financial make money?
One revenue line is on record: mortgage Commission Splits.
Who are Tango Financial's main competitors?
Direct peers on record are intelliflex Mortgage Group, Centum Financial Group, Mortgage Architects, 8Twelve Mortgage Network and Dominion Lending Centres (DLC Group). Lendesk is listed as an others. Broad incumbents are VERICO Financial Group and CanWise Financial. Emerging players are Pineapple Financial and nesto.
Does Tango Financial have an API?
No public API is recorded for Tango Financial.
What industry is Tango Financial in?
Tango Financial's product category is Mortgage Brokerage Services. Its primary akta.pro industry code is FSAEAEAA, Residential Mortgage Brokerage (Purchase & Refinance), with a secondary code of FSAEAEAB, Commercial Mortgage Brokerage. Its NAICS code is 522310 and its SIC code is 6163.