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Calgary Startup Purelend Targets Mortgage Paperwork Pain

September 8, 2025 by Newsdesk

Three Calgary entrepreneurs have launched Purelend Technologies, a startup aiming to modernize Canada’s mortgage industry. Founders Wayne Kainu, Lucas Scheer, and Sebastien Hiscock say their AI-powered platform automates document-heavy tasks that have long plagued brokers and lenders. Purelend streamlines income verification, compliance checks, and audit trails, reducing hours of manual work to minutes.

Kainu, formerly with fintech leader Neo, credits that experience with shaping Purelend’s growth mindset. With core values of speed, precision, and customer-first design, the company promises lenders faster approvals and borrowers quicker access to funds. Purelend seeks to redefine mortgage processing through practical automation.

Want to know more? Check out the source code on Calgary.tech.

Filed Under: News Tagged With: Purelend

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