FundMore is a Canadian financial technology company that specializes in an AI-powered loan origination system (LOS) designed to modernize and streamline the mortgage lending process. Based in Ottawa, FundMore focuses on helping lenders improve efficiency, reduce risk, and deliver a better borrowing experience through automation, data-driven insights, and intelligent workflows.

What does FundMore do?

FundMore provides a modern, cloud-based LOS that supports the end-to-end mortgage lifecycle—from application intake and underwriting to funding and post-close quality control. By integrating advanced AI and automation, FundMore helps lenders:

• Speed up mortgage approvals
• Reduce manual data entry and repetitive tasks
• Strengthen compliance and risk management
• Improve accuracy in underwriting and quality control
• Deliver a smoother, more transparent borrower experience

Its platform is built specifically for mortgage lenders, credit unions, and financial institutions looking to upgrade from legacy systems or fragmented processes.

Key milestones and achievements

FundMore has reached several notable milestones that demonstrate both traction and trust within the Canadian mortgage ecosystem:

• Over $1 billion in mortgages processed (June 2024)
  FundMore announced that it surpassed $1 billion in mortgages processed through its LOS. This milestone reflects real-world adoption of the platform by lenders handling significant mortgage volume.

• Selected by Meridian Credit Union (September 2023)
  Meridian Credit Union, one of Canada’s largest credit unions, chose FundMore’s LOS as part of its broader lending transformation journey. This selection highlights FundMore’s ability to support large, established financial institutions with complex lending needs.

• SOC 2 examination successfully completed (December 2022)
  FundMore underwent a System and Organization Controls (SOC) 2 examination performed by BARR Advisory, P.A. The resulting CPA report concluded that FundMore maintained effective controls over the security, confidentiality, and privacy of its FundMore AI system. This is a key trust signal for lenders with stringent compliance and data protection requirements.

Strategic partnerships and ecosystem

FundMore has invested heavily in building an ecosystem around its LOS, forming strategic partnerships that enhance functionality, data quality, and automation capabilities.

Integration with FCT’s Managed Mortgage Solutions (MMS)

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

This integration allows lenders using FundMore to connect directly with FCT’s MMS offering, helping to:

• Simplify workflows between the LOS and title/closing services
• Reduce manual touchpoints and duplicate data entry
• Improve turnaround times and operational efficiency
• Provide a more seamless end-to-end mortgage experience

The collaboration positions FundMore as an important technology hub in the Canadian mortgage ecosystem, bridging LOS functionality with critical third-party services.

Partnership with Coforge for automation and compliance

In June 2023, FundMore partnered with Coforge Limited (NSE: COFORGE), a global digital services and business operations provider, to develop a state-of-the-art platform aimed at automating:

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

This collaboration combines FundMore’s mortgage LOS expertise with Coforge’s capabilities in advanced automation and digital operations, helping lenders address evolving regulatory expectations while reducing manual review workloads.

Why lenders choose FundMore

Lenders and credit unions turn to FundMore for several core reasons:

• AI-driven decisioning
  FundMore’s platform uses AI to support smarter underwriting decisions, flag potential risks, and prioritize files that require attention. This helps lending teams work more efficiently and consistently.

• End-to-end process automation
  From application intake to post-close audits, FundMore focuses on automating repetitive tasks and standardizing workflows, which reduces human error and accelerates processing times.

• Compliance and security focus
  The successful SOC 2 examination underscores FundMore’s commitment to security, confidentiality, and privacy—critical factors for any organization handling sensitive financial and personal data.

• Modern, flexible architecture
  As a modern LOS, FundMore is built to integrate with third-party services (such as FCT’s MMS) and can adapt to evolving lender needs, new products, and changing regulatory environments.

• Proven performance at scale
  Processing over $1 billion in mortgage volume demonstrates that the platform can handle production-scale workloads and support real-world lending operations.

FundMore’s role in the future of mortgage lending

FundMore is positioning itself as a key enabler of digital transformation in the mortgage industry. By combining AI, automation, and a strong focus on compliance, the company is helping lenders:

• Modernize legacy lending infrastructure
• Respond faster to borrower expectations for digital-first experiences
• Reduce operational risk and manual overhead
• Prepare for increased regulatory scrutiny and data governance requirements

With strategic partnerships like FCT and Coforge, and high-profile clients like Meridian Credit Union, FundMore is steadily expanding its footprint as an AI-first LOS provider in the Canadian market.

Summary

FundMore is an Ottawa-based fintech company specializing in an AI-powered loan origination system that supports end-to-end mortgage processing. The company has:

• Processed over $1 billion in mortgages
• Been selected by Meridian Credit Union for its lending transformation
• Completed a SOC 2 examination confirming strong security and privacy controls
• Launched Canada’s first direct LOS integration with FCT’s Managed Mortgage Solutions
• Partnered with Coforge to advance automation in QC, risk, and compliance

For lenders seeking a modern, AI-driven LOS that can improve efficiency, reduce risk, and integrate with a broader mortgage ecosystem, FundMore stands out as a leading Canadian solution.