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In this episode, we're joined by Canadian mortgage expert Doug Adlam. Doug is one of the Founders of Finmo from Guelph, Ontario, a fintech company which disrupted the Canadian mortgage industry in 2017, and was bought by Lendesk in 2020. An entrepreneur and public speaker, Doug started as a Mortgage Agent in 2008 at Champion Mortgage, and growing by 40x, it eventually lead to a merger with Axiom Mortgage Solutions which was re-branded nationally to Indi Mortgage - The Independent Mortgage Company in 2024.

In this episode we cover:

→ The research he does when looking at new tech, understanding contracts with brokerages and networks, and designing your business with an exit strategy.

→ What led to the founding of Finmo, how they stayed true to their company values, and why it was important to disrupt the Canadian mortgage tech industry.

→ The next tech disruption in mortgages, open banking, and the link between tech start-ups and regulations.

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By Doug Adlam January 23, 2025
Doug Adlam is a serial entrepreneur, speaker, and visionary leader with a passion for exponential growth and innovation. A lifelong ice hockey enthusiast, Doug honed adaptability and resilience early on, even officiating some of the NHL’s biggest stars as they rose through the ranks. Though he fell short of becoming a professional NHL referee, this early setback fueled his determination to embrace a life of growth and entrepreneurship. Doug has built and scaled multiple businesses, most notably in the mortgage and fintech sectors. He spearheaded the growth of his family’s business, Champion Mortgage, by an impressive 40X, which later joined forces with Axiom Mortgage Solutions and rebranded nationally as Indi Mortgage in 2024. As a co-founder of Finmo, a Canadian fintech disruptor, Doug played a pivotal role in revolutionizing the mortgage process, guiding the company to a successful acquisition by Lendesk in 2020. Listen to this informative Sharkpreneur episode with Doug Adlam about revolutionizing the mortgage industry. Here are some of the beneficial topics covered on this week’s show: - How to use aggregation strategies, including partnerships and brokerage acquisitions, to drive exponential growth in the mortgage sector - Why it’s vital to align with brokerages with a similar vision and approach. - How success comes from pushing boundaries and never settling for mediocrity. - Why the Canadian mortgage industry is still in its infancy. - How challenging traditional business structures allow for the optimization of operations.
By Doug Adlam October 31, 2024
Welcome to the first leg of the Ontario Roadshow Tour! In this episode, we sit down with Doug Adlam, owner of Indi Mortgage, to discuss his journey in building a successful real estate business. Discover Doug’s strategies for transitioning into his own business, the importance of finding the right team synergy, and how to seize private mortgage opportunities.  Perfect for real estate professionals and entrepreneurs, this episode is packed with actionable insights and real-world success stories!
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