This year is like no other. The health and economic crisis is forcing businesses to adapt and endure. Remarkably, some companies are achieving great success, despite the challenges posed by a pandemic. On November 25th 2021, FundMore.ai, a fintech innovator in the lending sector, accepts the #NextBigThing award on behalf of Best Ottawa Business.
About Best Ottawa Business Award
The Best Ottawa Business Awards (The BOBs) is an annual award ceremony that celebrates Ottawa’s history of innovative, ethical and profitable businesses, and recognizes its entrepreneurial spirit.
This premier business awards program is an opportunity for your business achievements and milestones to be honoured. In addition to the Lifetime Achievement Award, CEO of the Year Award, Best CFO Award, there are multiple award categories that provide a platform for a company to be recognized.
While most awards are determined through nominations, the #NextBigThing award is determined by a selection committee formed by Ottawa Business Journal and the Ottawa Board of Trade.
An eligible company must be an independent business, operating separately from the government. They must provide goods or services for financial and commercial gain. Judges assess the business’ management, financial standing and innovative practices.
FundMore.ai is an automated underwriting system that uses machine learning to streamline loans, such as mortgages. It’s customers range from mortgage investment companies to banks. FundMore’s AI decision engine identifies risks and provides clear insights as to how an approval is recommended. Our AI document reader quickly analyzes physical documents, then validates data such as income and credit worthiness from 3rd party partners. The platform improves the lender and borrower experience, reduces risk, cuts funding times and application evaluation by more than 90%. FundMore.ai has grown it’s employee base by more than 60% in the past quarter. It’s executive team has 70+ years of experience in wealth management, credit lending and financial technology.