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Draft:Covaleyo

From Wikipedia, the free encyclopedia
Covaleyo
Company typeSubsidiary
IndustryFinancial technology
PredecessorCovarity, Valeyo
FoundedApril 2025
Area served
Canada
Key people
Nathan Cogger (General Manager)
ProductsLoan origination software, Loan monitoring software
OwnerPerseus Group Software Corp. (Constellation Software Inc.)
Websitewww.covaleyo.com

Covaleyo is a Canadian financial technology company based in Markham, Ontario. The company develops software for loan origination and loan monitoring used by financial institutions in Canada.[1]

History

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Covaleyo was established in April 2025 through the merger of two Canadian financial technology firms: Covarity and Valeyo. Covarity provided software for loan monitoring, while Valeyo specialized in loan origination systems.[2]

Products and Services

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Loan origination software

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Covaleyo offers a loan origination system, branded as ProLender, which supports credit unions and other financial institutions in Canada. The platform facilitates various aspects of the loan origination process.[3]

Loan monitoring software

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The company also provides a loan monitoring system, previously developed under the Covarity brand. The software is used by financial institutions to monitor margined loans and manage associated reporting and compliance requirements.[4]

Corporate Affairs

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Covaleyo operates as a subsidiary of Perseus Group Software Corp., part of Constellation Software Inc.[5]

The company is headquartered in Markham, Ontario, with additional offices in Toronto, Burnaby, Edmonton, and Winnipeg.[6]

Leadership

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As of 2025, the company's leadership includes:

  • Nathan Cogger – General Manager
  • Adam Moore – Director of Product and Engineering
  • Irena Garcia – Development Manager
  • Craig Curley – Vice President, Sales
  • Mitchell Francis – Portfolio Manager[7]

References

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  1. ^ "Covarity and Valeyo Unite to Form Covaleyo - Bringing Together Trusted Expertise in Loan Origination and Monitoring Solutions for Canadian Financial Institutions".
  2. ^ "Covarity and Valeyo Unite to Form Covaleyo - Bringing Together Trusted Expertise in Loan Origination and Monitoring Solutions for Canadian Financial Institutions".
  3. ^ "Loan Origination Software".
  4. ^ "Loan Monitoring Software".
  5. ^ "Covarity and Valeyo Unite to Form Covaleyo - Bringing Together Trusted Expertise in Loan Origination and Monitoring Solutions for Canadian Financial Institutions".
  6. ^ "Covaleyo | LinkedIn".
  7. ^ "About".
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