Pineapple Financial Inc., was incorporated in Ontario, Canada on October 16, 2015. The Company is a mortgage technology and brokerage firm that provides mortgage brokerage services and technology solutions to Canadian mortgage lending agents, brokers, subprime brokers, brokerage firms and consumers. Through data-driven systems and cloud-based tools. The company also provides back-office services and pre-underwriting support services to Canadian mortgage brokerages. 

Pineapple Financial has placed standardized records of $1 billion in Canadian mortgages on Injective blockchain, but the loans, ownership, and borrower payments remain in traditional systems. The $1 billion represents the value of the mortgages, not crypto liquidity. PAPL0 is a data asset associated with Pineapple's mortgage-record system, not a mortgage claim, and does not give users ownership of the corresponding mortgage or rights over the borrower's property. Only the record layer of mortgage data has moved onchain, with legal ownership remaining outside PAPL0.

Pineapple Financial

Pineapple Financial Deploys $1B Mortgage Data on Injective Blockchain

<p>Pineapple Financial(Ticker: PAPL) has surged to $1.25 and up more than 101.61% since its Jul 21 low.</p><p><img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1ce6b1bc2c34d002.png" alt="Pineapple Financial (PAPL) up more than 100% since Jul 21"></p>

Pineapple Financial (PAPL) up more than 100% since Jul 21

Pineapple Financial (PAPL) shares gained 13.5% in intraday trading after rising 31.5% on Wednesday, marking a continuation of the prior session's move.

Pineapple Financial (PAPL) gained 13.5% intraday after rising 31.5% on Wednesday

Pineapple Financial (PAPL) shares rose 25.97% in intraday trading after reports the company expanded its share buyback program to $15 million and retired approximately 554,581 shares. The momentum also followed a revaluation of the company's digital asset treasury to approximately $52.53 million.

Pineapple Financial (PAPL) shares rise 25.97% intraday after buyback expansion

Pineapple Financial (PAPL) shares rose 23.08% in premarket trading after the company reported Q3 2026 earnings with a net income of $25.3 million ($0.99 EPS). The results marked a significant turnaround driven by a $25.8 million non-cash gain on digital assets.

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