FundingShield

What FundingShield does

FundingShield is a privately held FinTech founded in 2010 and headquartered in Newport Beach, California, that provides B2B and B2B2C fraud prevention infrastructure for the US mortgage industry. The company's core product suite comprises three API-driven solutions: the Guardian Service, which delivers transaction-level closing certification confirming valid title commitments, vendor compliance to state laws, and good standing with title insurers (with up to $5mm per-transaction coverage); WAVs (Wire Account Verification Service), which validates wire instructions against a live database of 10,000s of verified settlement party accounts representing over 95% of actively used marketplace accounts; and SPC (Service Provider Compliance), which automates vendor compliance workflows including document, questionnaire, and incident management. FundingShield is the first and only MISMO v3.4 certified wire and title fraud prevention solution and is SOC 2 Type 2 audited.

The platform is distributed through direct enterprise sales and an API-first integration model with embedded connections into Loan Origination Systems including Ellie Mae Encompass, CoreLogic's digital mortgage platform, Tavant VELOX FinConnect, ICE Mortgage Technology (where FundingShield holds Gold Partner status), and Mastercard Open Banking. FundingShield monetizes through a pay-per-loan transaction-fee model covering residential, CRE, non-QM, and securitized collateral portfolios, with reported client ROI of up to 400% in 2025.

Customers are organized across four verticals: mortgage lenders, warehouse lenders, title insurance underwriters, and national/regional closing agencies. As of Q1 2026, FundingShield reported monitoring a $106.7B+ portfolio with 43.72% of transactions flagged for wire or title fraud risks. The company is led by Founder, Chairman and CEO Ike Suri and President Adam Chaudhary, with leadership presence on the boards of MBA, MISMO, and the California MBA, and has received the HousingWire Tech100 award for eight consecutive years and the Inc. 5000 list for three consecutive years.

Name

FundingShield

Legal name

Fundingshield LLC

Website

https://fundingshield.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

FundingShield is a Newport Beach-based FinTech, founded in 2010, that provides API-driven wire and title fraud prevention solutions to US mortgage lenders, warehouse lenders, title insurance underwriters, and closing agencies via a pay-per-loan transaction model.

Ownership category

akta.pro rank

Product category

Mortgage Fraud Prevention Software

NAICS

Other Activities Related to Credit Intermediation (522390), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

A2A Fraud, Risk & Authentication (FSAMAFAI)

akta.pro secondary industries

Risk, Fraud & 3DS Orchestration for Payments (FSAGABAL), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)

Keywords

• Wire fraud prevention
• Title fraud prevention
• Mortgage compliance software
• Wire account verification
• Closing agent compliance

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Transaction-based Wire and Title Fraud Prevention: Pay-per-loan pricing model for transaction-level coverage against wire and title fraud, settlement risk, closing agent compliance and cyber threats. Revenue generated from per-transaction fees for verification, licensing validation, wire instruction checks, and title-related data services. Supports residential, CRE, non-QM, and securitized collateral portfolios.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

FundingShield delivers API-driven, B2B FinTech fraud prevention solutions for the U.S. mortgage industry, providing transaction-level coverage against wire fraud, title fraud, settlement risk, closing agent compliance failures, and cyber threats. Its core offerings are The Guardian Service (closing certification with up to $5mm coverage per transaction), WAVs/Wire Account Verification Service (live validation against a database of 10,000s verified settlement accounts), and SPC/Service Provider Compliance (vendor compliance automation). Solutions are pay-per-loan, cloud-based, and integrate through APIs into Loan Origination Systems.

Product overview

FundingShield offers an integrated B2B and B2B2C fraud prevention platform delivering transaction-level coverage against wire and title fraud, settlement risk, closing agent compliance, and cyber threats. The core product suite includes The Guardian Service (transaction-level closing certification), WAVs (wire account verification), and SPC (service provider compliance management). Additional modules include Consumer Wire Account Verification, PaymentShield, Title Knight, and TitleShield. All solutions are cloud-based, pay-per-loan, scalable, and integrate through APIs with documented ROI exceeding 200%.

Differentiator

Problem solved

Functional benefit

Brands

• Guardian Service: A comprehensive transaction-level closing certification product that confirms valid title commitments and vendor compliance.
• WAVs (Wire Account Verification Service)
• SPC (Service Provider Compliance)
• PaymentShield
• Title Knight
• TitleShield
• Consumer Wire Account Verification Service (CWAVS)

Products and services

• The Guardian Service Comprehensive transaction-level closing certification product that confirms valid title commitments, vendor compliance to state laws, registration of closing parties with state-corporate registrars (OCC, FDIC, CFPB, State Dept. of Insurance/Finance), and good standing with title insurers; carries additional coverage of up to $5mm per transaction and is targeted at mortgage lenders, warehouse lenders, title insurance underwriters, and closing agencies.
• WAVs (Wire Account Verification Service) API-driven wire account verification service that uses live wire account data on 10,000s of verified settlement party accounts representing over 95% of actively used marketplace accounts, with source-data validation tying ownership of the bank account back to the intended real estate settlement; delivers results in seconds via LOS integration, direct APIs, or secure web-based portals for mortgage lenders and warehouse lenders.
• SPC (Service Provider Compliance) Customizable vendor compliance automation system that manages 1,000s of closing agent and service provider relationships per firm's risk specifications, automating communication, document and questionnaire management, vendor ratings, issues, and incident management; used as an audit and control system by operations teams, regulators, auditors, and investors at mortgage lenders, warehouse lenders, and title insurance underwriters.
• Consumer Wire Account Verification Service (CWAVS) Consumer-facing wire fraud prevention service that lets consumers and homebuyers verify wire accounts before sending funds to closing, settlement, or escrow agents; distributed to consumers through mortgage lender and real estate partners.
• PaymentShield Payment protection and verification solution within FundingShield's fraud prevention portfolio that safeguards payments and verifies counterparties across mortgage and real estate transactions.
• Title Knight Title review solution for lenders that identifies and mitigates title-related risks during the mortgage settlement process.
• TitleShield Affiliate title agency offering providing standardized, embedded title solutions that reduce friction and eliminate disparate data sources for lenders across the mortgage settlement workflow.

Quantifiable outcome

• 43.72% of transactions flagged for wire/title fraud risks in Q1 2026 $106.7B portfolio
• +5 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature6 records

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• Dark Matter TechnologiescoreTechnology or Integration · 15 March 2026Building partnership to expand fraud prevention capabilities with Dark Matter Technologies.
• OptiFundercoreTechnology or Integration · 25 October 2024Integration agreement providing integrated wire and title fraud prevention solutions to OptiFunder clients.
• CoreLogiccoreTechnology or Integration · 26 February 2024Press release announcement of integrated title fraud prevention services on CoreLogic's digital mortgage platform. Embeds FundingShield's verification directly into CoreLogic's platform workflow for their lender clients.
• SitusAMCcoreTechnology or Integration · 10 October 2023Partnership to deliver integrated fraud prevention services. Demo partnerships shown at Mortgage Innovators 2024. situsAMC completed data review following November 2025 breach.
• Tata Consultancy Services (TCS)majorStrategic or Co-development Partner · 4 September 2023Strategic partnership with TCS to increase accessibility to wire fraud prevention solutions in the financial services industry. TCS provides implementation and service delivery capabilities.
• MastercardcoreTechnology or Integration · 25 June 2023FundingShield leverages Mastercard open banking to expand payment verification solutions; preventing wire and payment fraud through open banking data integration.
• Milestones.AiminorStrategic or Co-development Partner · 17 January 2023Strategic partnership agreement to offer consumer down payment wire fraud protection through Milestones.Ai platform.
• Ellie Mae (Encompass)coreTechnology or Integration · 11 October 2019Integration with Ellie Mae's Encompass platform for wire fraud prevention. First integration announced in 2019; ongoing partnership through Encompass LOS.
• TavantcoreTechnology or Integration · 19 August 2019Strategic partnership to integrate into Tavant VELOX's FinConnect enterprise bus, providing integrated wire and title fraud prevention solutions to Tavant's client network.
• FormFreemajorGTM or Marketing Partner · 11 July 2019Partnership to deliver enhanced wire fraud protection to FormFree's network of more than 1,000 mortgage lenders. Strategic alliance puts wire fraud protection directly in the hands of mortgage lenders and loan applicants.
• ICE Mortgage TechnologycoreChannel Partner/ Reseller/ DistributorGold Partner Status with ICE Mortgage Technology. Platform integration and marketplace listing for distribution to ICE's user base of mortgage lenders.
• The Mortgage CollaborativeminorGTM or Marketing PartnerPreferred Partner Network membership in The Mortgage Collaborative, a network of mortgage professionals and lenders.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CertifID: Direct competitor in wire fraud prevention for the mortgage and real estate industry, offering identity verification and wire account validation services to lenders, title companies, and consumers.
• ClosingLock: Direct competitor providing wire fraud prevention and secure wire instruction verification for title companies, law firms, and real estate settlement agents — overlapping most directly with FundingShield's WAVs product.
• SitusAMC: Mortgage services and technology provider with which FundingShield has an integrated fraud prevention partnership; offers adjacent risk and surveillance tooling for warehouse lending and securitization.

Emerging players

• Real Estate Data Shield: Emerging player offering cyber and fraud risk management services to the title and real estate industry, with overlapping customer base but smaller scale and fewer product modules than FundingShield.
• Notarize (NotaryCam): Digital closing and eNotary platform that touches the same mortgage closing workflow where FundingShield verifies wire and title data; partial overlap with Title Knight/TitleShield positioning.

Broad incumbents

• Plaid: Broad open banking and account verification infrastructure that FundingShield already integrates with via Mastercard; Plaid serves as alternative bank account verification rails that could disintermediate parts of WAVs.
• CoreLogic: Major mortgage data and analytics platform that embeds FundingShield's services on its digital mortgage platform; could also be viewed as a potential build-versus-buy threat given scale and customer overlap.
• ICE Mortgage Technology (Intercontinental Exchange): Owner of Encompass LOS where FundingShield integrates as a Gold Partner; controls the dominant loan origination platform in U.S. mortgage and represents both the largest distribution channel and a potential internalization risk.
• Wolters Kluwer Compliance Solutions: Established financial services compliance and risk vendor offering KYC, sanctions screening, and entity verification capabilities that compete with FundingShield's SPC and licensing verification modules.
• First American Title Insurance: Large title insurance underwriter and a FundingShield customer; represents the type of incumbent that could build or acquire competing in-house wire/title verification capabilities over time.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FundingShield

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FundingShield