Fundmore.ai Inc. and Filogix Announce Strategic Partnership Interface

FundMore.ai Inc and Filogix are partnering to create a better digital mortgage experience.

TORONTO, April 7, 2022 /PRNewswire/ – Fundmore.ai Inc., an award-winning mortgage underwriting software company, is pleased to announce that it has partnered with Filogix, a Finastra company, to offer an advanced software suite of products for the Canadian mortgage industry.

Fundmore.ai™, a comprehensive automated LOS (Loan Origination System), uses machine learning to streamline funding, underwrite risk, improve efficiency through analytics, and dramatically improve workflow success and speed and the mortgage underwriting process.

Through this partnership, Filogix and FundMore.ai Inc have combined their offerings to give partner lenders of all sizes, brokers and growing digital intermediary mortgage platforms an edge in today’s market where digital and transformational capabilities are increasingly in demand.

“The FundMore partnership allows us to continue to support the digital transformation of our lending partners,” said Jerry L. Lo, Vice President, Filogix. “For us, FundMore will not only enable us to deliver an exceptional customer experience, but their products and services will also enhance our competitiveness to meet the growing demand for cutting-edge solutions to today’s inefficient mortgage processes.”

“Our award-winning platform will help Filogix exceed the digital expectations of lenders and consumers. Consumers continue to expect the mortgage experience to be as easy as shopping online,” said Chris Grimes, CEO of FundMore.ai Inc. “Not only that, but underwriting is now a one-day process, and lenders of all stripes should rethink their legacy systems for this industry paradigm shift. In this sense, our partnership with Filogix will offer the Canadian market a next-generation solution. that lenders are looking for. »

With its innovative architecture, FundMore.ai™ will enable Filogix to replace its existing Filogix Exchange and Filogix Express products with award-winning AI and document management systems.

About FundMore.ai Inc.

FundMore.ai™ Full-featured automated LOS (Loan Origination System) uses machine learning to streamline funding, reduce risk, improve efficiency through analytics, and dramatically improve the success and speed of the mortgage underwriting process . FundMore.ai™’s automated underwriting front-end platform features the latest technology including live Google Maps, automated property valuation, secure document portal with e-signature, identity verification, and more.

As a result, FundMore.ai Inc has received numerous industry awards and accolades including being a finalist in the Canadian Mortgage Awards 2021, winning the Go Global Awards 2021 Top Placer award, being nominated as Best Underwriting Software 2021 AI-Based Automation by Corporate Vision, 2021 Canadian Proptech Innovation Award Winner, Next Big Thing Award Winner by Best Ottawa Business, and more.

About Filogix

Filogix, a Finastra company, has been the technology center of the Canadian mortgage industry for over two decades, providing secure and reliable software and solutions to mortgage brokers and lenders. Filogix’s open platform enables efficient management of the sales process from origination to underwriting, allowing mortgage professionals to seamlessly submit mortgage applications to our network of lenders from their choice. of front-end systems, and lenders to receive inquiries regardless of the broker’s platform of choice. Learn more about www.finastracanada.com.

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