Security
December 2022
Compliance that doesn't SOC: FundMore maintains SOC 2 security controls
An independent SOC 2 examination confirms effective controls over the security, confidentiality, and privacy of the FundMore AI system.
FundMore announced that the company has undergone a System and Organization Controls (SOC) 2 examination resulting in a CPA's report stating that management of FundMore maintained effective controls over the security, confidentiality, and privacy of its FundMore AI system. The engagement was performed by BARR Advisory, P.A.
A SOC 2 report is designed to provide assurance to customers and partners that a service organization's controls relevant to security, availability, processing integrity, confidentiality, and privacy are suitably designed and operating effectively. For lenders entrusting FundMore with sensitive borrower information, the examination provides independent verification that FundMore's safeguards meet the standard expected of financial infrastructure.
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