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, mortgage lenders, and other financial institutions. By combining intelligent automation, data-driven decisioning, and robust compliance controls, FundMore helps lenders process more mortgages, reduce risk, and deliver a better borrower experience.

What FundMore Does

FundMore focuses on transforming how mortgages are originated and managed. Its core offering is a cloud-based LOS that supports the entire lending journey, from initial application through underwriting, approvals, and closing.

Key capabilities typically include:

• Digital mortgage applications and workflows
• Automated document collection and verification
• AI-driven risk assessment and quality control
• Configurable rules and decisioning to support different lending policies
• Integrated communication and collaboration tools for borrowers, brokers, and internal teams

By automating repetitive tasks and surfacing insights in real time, FundMore enables lenders to move away from manual, paper-heavy processes and toward a streamlined, data-centric model.

A Milestone: Over $1 Billion in Mortgages Processed

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

• Proven scalability of the platform for high-volume lending
• Real-world adoption by financial institutions across the mortgage ecosystem
• The ability to handle complex workflows while maintaining accuracy and compliance

For lenders evaluating new technology partners, this level of throughput and live usage is a strong indicator that FundMore is not just a theoretical solution but a platform tested at scale.

Who FundMore Works With

FundMore partners with a range of financial institutions and ecosystem providers to build a more connected, efficient mortgage process.

Meridian Credit Union

In September 2023, Meridian Credit Union, one of Canada’s largest credit unions, selected FundMore’s state-of-the-art LOS as part of its lending transformation journey. This selection signals:

• Confidence from a major financial institution in FundMore’s technology
• Alignment with large lenders’ needs around digital transformation, efficiency, and member experience
• Validation that FundMore can support complex, established lending operations

Coforge Partnership

In June 2023, FundMore announced a partnership with Coforge Limited (NSE: COFORGE), a global digital services and business operations provider. Together, they are developing a platform specifically focused on:

• Automating quality control (QC)
• Enhancing risk management
• Supporting regulatory compliance in the mortgage industry

This collaboration extends FundMore’s capabilities beyond core LOS functionality and into advanced operational and compliance automation, helping lenders manage risk more proactively and consistently.

FCT Integration

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

This integration is significant because it:

• Connects lenders using FundMore’s LOS directly with FCT’s MMS services
• Reduces manual steps and re-keying of information between systems
• Speeds up the title and closing process, improving both lender efficiency and borrower experience

By integrating deeply with key ecosystem players, FundMore helps lenders construct a unified, end-to-end digital mortgage journey.

Security, Trust, and Compliance

For any LOS, data security and regulatory compliance are critical. FundMore has invested in third-party validation to demonstrate it meets high standards in these areas.

In December 2022, FundMore completed a System and Organization Controls (SOC) 2 examination. An independent CPA report, performed by BARR Advisory, confirmed that FundMore maintained effective controls over:

• Security
• Confidentiality
• Privacy

This SOC 2 report is important for lenders because it:

• Provides assurance that FundMore’s systems have been rigorously evaluated
• Demonstrates a structured approach to safeguarding sensitive borrower and institutional data
• Supports internal risk and vendor management requirements within regulated financial institutions

An AI-Powered Loan Origination Platform

FundMore positions itself as an AI-powered LOS, which means it uses advanced analytics and machine learning to improve lending outcomes, not just digitize existing processes.

In practice, this can support:

• Smarter risk scoring and loan decisioning
• Automated checks for data consistency and document completeness
• Early detection of anomalies or potential fraud
• More accurate and timely QC and compliance reviews

By embedding intelligence into the LOS, FundMore aims to help lenders:

• Approve qualified borrowers more quickly
• Reduce manual review workloads
• Lower error rates and operational risk
• Maintain stronger compliance with regulatory standards

Why Lenders Choose FundMore

Lenders typically evaluate FundMore as part of a broader digital transformation strategy. Common reasons they may choose FundMore’s LOS include:

• End-to-end automation: From application intake to closing, workflows are designed to minimize manual effort and eliminate redundant steps.
• Scalability and performance: Proven ability to process over $1 billion in mortgage volume, showing the platform can grow with the lender.
• Compliance and risk focus: Dedicated capabilities for QC, risk management, and regulatory support, backed by SOC 2 validation.
• Ecosystem integrations: Partnerships with organizations like FCT and Coforge that extend functionality and connect critical parts of the mortgage process.
• Improved borrower and member experience: Faster approvals, clearer communication, and a more streamlined journey for applicants.

Where FundMore Fits in the Mortgage Ecosystem

FundMore sits at the core of a lender’s mortgage stack as the primary LOS, orchestrating data, documents, and decisions across:

• Front-end borrower and broker experiences
• Internal underwriting and operations teams
• Third-party providers such as title, appraisal, and compliance services

By acting as the digital backbone for mortgage origination, FundMore helps lenders:

• Replace fragmented, legacy systems
• Standardize processes while still allowing for custom rules and products
• Generate data and insights that support better strategic decisions

Summary

FundMore is an award-winning, AI-powered loan origination system provider based in Canada, focused on transforming mortgage lending. With over $1 billion in mortgages processed through its LOS, partnerships with major players such as Meridian Credit Union, Coforge, and FCT, and an independently validated SOC 2 report, FundMore offers lenders a secure, scalable, and intelligent platform to modernize their mortgage operations.

For financial institutions seeking to increase efficiency, reduce risk, and deliver a better borrower experience, FundMore serves as a central technology partner in their lending transformation journey.