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Quick answers
Did Karim Benabdallah co-found nesto?
Yes. Endeavor Canada, announcing nesto's selection to its network on October 30, 2024, named "Malik Yacoubi (CEO), Karim Benabdallah (CTO) and Damien Charbonneau (COO), co-founders of nesto," and dated the company's founding to 2018.
What is his role at nesto today?
Chief technology officer. The nesto Group leadership page lists him as "Co-founder & CTO, Nesto Group," and nesto.ca's about page lists him as "Karim Benabdallah, CTO" — both on the company's own sites, checked September 22, 2026.
What did he build before nesto?
Endeavor Canada's October 30, 2024 profile says Benabdallah and Malik Yacoubi started their first venture together as students at Université Laval, a retirement home portal, then a web hosting business. In 2004 they co-founded Mobilito, described as one of Canada's first mobile marketing firms, and later Paymentpin, a mobile carrier billing company Boku acquired in 2012.
How did nesto get from brokerage to lender?
Endeavor Canada's October 30, 2024 profile says nesto started as a brokerage in 2019, became Canada's first digital mortgage lender in 2020, and by 2022 ran the full mortgage journey from origination to funding and servicing. The same page credits nesto with acquiring CMLS Group in 2024.