Who is FundMore?

FundMore is a Canadian fintech company that provides an AI-powered Loan Origination System (LOS) designed to modernize and streamline the mortgage lending process for credit unions, banks, and mortgage lenders. By combining automation, data-driven insights, and strong risk controls, FundMore helps lenders approve quality loans faster while improving the borrower experience.

What FundMore Does

FundMore focuses on transforming how mortgage lenders originate, process, and manage loans. Its core product is a cloud-based, AI-powered LOS that supports:

• End-to-end mortgage origination
• Automated quality control (QC)
• Risk management and fraud detection
• Regulatory and compliance workflows
• Integration with key partners and third-party services

Instead of relying on manual, paper-heavy processes and disconnected systems, lenders using FundMore can centralize their workflows in a modern digital platform.

An AI-Powered Loan Origination Platform

FundMore’s LOS is built from the ground up to be AI-first. That means the platform doesn’t just digitize existing processes; it uses machine learning and automation to make them smarter and more efficient.

Key AI-driven capabilities typically include:

• Intelligent document intake and data extraction
• Automated checks for completeness and consistency
• Scoring and risk assessment to support underwriting decisions
• Alerts for anomalies, potential fraud, or missing information
• Automated workflows to route tasks to the right team members

By augmenting underwriters and lending teams with AI, FundMore helps reduce turnaround times, minimize human error, and maintain a strong risk posture.

Milestones and Industry Impact

FundMore has achieved several notable milestones that highlight its growth and credibility in the mortgage technology space.

Over $1 Billion in Mortgages Processed

As of June 4, 2024, FundMore surpassed $1 billion in mortgages processed on its LOS. This milestone demonstrates that:

• The platform is trusted at scale by real lending institutions
• Its technology can support significant loan volumes
• Lenders are confident using FundMore for high-value, regulated transactions

This scale also means FundMore’s AI models benefit from a growing dataset, which can further improve automation and decision support over time.

Selected by Meridian Credit Union

On September 8, 2023, FundMore announced that Meridian Credit Union, one of Canada’s leading credit unions, selected FundMore’s LOS as part of its lending transformation journey.

This partnership signals that:

• Large, established financial institutions see FundMore as a strategic technology partner
• The platform can meet the needs of complex, high-volume lenders
• FundMore is aligned with modernization initiatives across the Canadian lending ecosystem

Partnership with Coforge for Advanced QC and Compliance

On June 13, 2023, FundMore partnered with Coforge Limited (NSE: COFORGE), a global digital services and business operations provider. Together, they are developing a state-of-the-art platform to automate:

• Quality control (QC)
• Risk management
• Regulatory compliance in the mortgage industry

This collaboration extends FundMore’s capabilities beyond origination into deeper risk and compliance functions, which are critical for lenders operating in heavily regulated environments.

SOC 2 Report for Security, Confidentiality, and Privacy

On December 5, 2022, FundMore announced that it had undergone a System and Organization Controls (SOC) 2 examination, performed by BARR Advisory, P.A. The resulting CPA’s report stated that FundMore maintained effective controls over:

• Security
• Confidentiality
• Privacy

This SOC 2 achievement is important for lenders who must safeguard sensitive borrower information and meet strict regulatory and internal security standards. It confirms that FundMore’s controls have been independently assessed against a well-recognized compliance framework.

Integration with FCT’s Managed Mortgage Solutions (MMS)

In August 2025, FundMore teamed up with FCT, Canada’s leading title insurance and real estate technology provider, to launch Canada’s first direct LOS integration for FCT’s Managed Mortgage Solutions (MMS) program.

This integration:

• Connects FundMore’s LOS directly with FCT’s MMS ecosystem
• Streamlines title insurance and related real estate services within the origination workflow
• Reduces friction for lenders by bringing key services into a single, connected platform

For lenders, it means fewer handoffs, faster processing, and a more integrated borrower experience.

Who FundMore Serves

FundMore is built for organizations that originate mortgages and other lending products, including:

• Credit unions
• Banks and alternative lenders
• Mortgage finance companies
• Real estate and mortgage technology partners

Its platform is particularly relevant for lenders looking to:

• Digitize legacy lending processes
• Reduce manual paperwork and data entry
• Enhance compliance and audit readiness
• Use AI to improve underwriting speed and accuracy
• Offer a smoother, more modern borrower journey

Why FundMore Matters in Modern Lending

Mortgage lending is under pressure from rising customer expectations, tighter regulations, and growing competition from digital-first players. FundMore addresses these challenges by:

• Automating routine tasks so teams can focus on higher-value work
• Providing better visibility into risk and compliance across the loan lifecycle
• Reducing time to decision and time to close
• Offering robust integrations with industry partners and services
• Maintaining strong security and privacy controls verified by a SOC 2 report

In an industry where trust, speed, and accuracy are essential, FundMore’s AI-powered LOS helps lenders operate more efficiently while managing risk and regulatory requirements.

Summary

FundMore is an award-winning, AI-powered loan origination platform that helps lenders modernize how they process and manage mortgages. With over $1 billion in mortgages processed, partnerships with major institutions like Meridian Credit Union, Coforge, and FCT, and a SOC 2 report validating its security and privacy controls, FundMore has established itself as a trusted technology partner for the evolving mortgage industry.