FundingShield
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.
- Company typePrivate
- Founded2010
- HeadquartersNewport Beach, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
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.
FundingShield firmographics
Firmographics- 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
FundingShield industry classification
Industry- 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
Where FundingShield is headquartered
LocationHeadquarters
- HQ city
- Newport Beach
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
FundingShield business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- 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
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Pay-per-transaction pricing |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels8 records
FundingShield product offering
Product offeringCore 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
Companies that use FundingShield
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
FundingShield technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability5 records
Feature6 records
FundingShield partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, major and minor.
- Dark Matter TechnologiescoreBuilding partnership to expand fraud prevention capabilities with Dark Matter Technologies.
- OptiFundercoreIntegration agreement providing integrated wire and title fraud prevention solutions to OptiFunder clients.
- CoreLogiccorePress 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.
- SitusAMCcorePartnership 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 partnership with TCS to increase accessibility to wire fraud prevention solutions in the financial services industry. TCS provides implementation and service delivery capabilities.
- MastercardcoreFundingShield leverages Mastercard open banking to expand payment verification solutions; preventing wire and payment fraud through open banking data integration.
- Milestones.AiminorStrategic partnership agreement to offer consumer down payment wire fraud protection through Milestones.Ai platform.
- Ellie Mae (Encompass)coreIntegration with Ellie Mae's Encompass platform for wire fraud prevention. First integration announced in 2019; ongoing partnership through Encompass LOS.
- TavantcoreStrategic partnership to integrate into Tavant VELOX's FinConnect enterprise bus, providing integrated wire and title fraud prevention solutions to Tavant's client network.
- FormFreemajorPartnership 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 TechnologycoreGold Partner Status with ICE Mortgage Technology. Platform integration and marketplace listing for distribution to ICE's user base of mortgage lenders.
- The Mortgage CollaborativeminorPreferred Partner Network membership in The Mortgage Collaborative, a network of mortgage professionals and lenders.
Scale indicators14 records
Recent moves6 records
Expansion highlights6 records
FundingShield competitors and assessment
Company assessmentDirect 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
FundingShield social profiles
Digital presenceFundingShield compliance and trust
Trust signalCompliance4 records
FundingShield financial estimates
Financial estimateRevenue estimate
Valuation estimate
FundingShield leadership team
Management profileNumber of profiles
Profiles7 records
FundingShield funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FundingShield M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FundingShield
What does FundingShield do?
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.
Is FundingShield a public or private company?
FundingShield is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FundingShield founded?
FundingShield was founded in 2010. It employs 11 to 50 people.
Where is FundingShield based?
FundingShield is headquartered in Newport Beach, United States, in the North America region.
How does FundingShield make money?
One revenue line is on record: transaction-based Wire and Title Fraud Prevention.
Who are FundingShield's main competitors?
Direct peers on record are CertifID, ClosingLock and SitusAMC. Emerging players are Real Estate Data Shield and Notarize (NotaryCam). Broad incumbents are Plaid, CoreLogic, ICE Mortgage Technology (Intercontinental Exchange), Wolters Kluwer Compliance Solutions and First American Title Insurance.
Does FundingShield have an API?
Yes. FundingShield offers three API-driven FinTech solutions: GUARDIAN (transaction-level closing certification confirming valid title commitments, vendor compliance, and good standing with title insurers), WAVs (live wire account data on verified settlement party accounts representing over 95% of marketplace accounts), and SPC (customizable vendor compliance automation system for managing relationships, communication, document management, and incident tracking). APIs provide results in seconds via LOS integration, direct APIs, or secure web-based portals. Developer documentation is at api-portal.fundingshield.com/signin?ReturnUrl=%2Fdocs%2Fservices%2F.
What industry is FundingShield in?
FundingShield's product category is Mortgage Fraud Prevention Software. Its primary akta.pro industry code is FSAMAFAI, A2A Fraud, Risk & Authentication, with a secondary code of FSAGABAL, Risk, Fraud & 3DS Orchestration for Payments. Its NAICS code is 522390 and its SIC code is 6199.