BlockGen
Automated loan pricing and underwriting engine for lenders.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
* | N/A | $3.6m | Early VC |
| Total Funding | 000k | ||
BlockGen Corp, founded in 2019 by Bill Roy, is a financial technology company operating in the mortgage technology sector. The company is headquartered in Miami, Florida. Roy, the firm's CEO, has an extensive background in finance, including roles as a mortgage banking analyst and portfolio manager, and previously founded and sold another mortgage technology startup. Mike Lewis serves as the company's President, bringing over two decades of experience in managing and implementing mortgage technology systems.
The core of BlockGen's offering is LoanPASS, a next-generation platform for loan pricing, underwriting, and decisioning. This self-service Platform-as-a-Service (PaaS) is engineered to automate and streamline lending processes for banks, credit unions, and mortgage investors. It allows clients to configure complex business rules without needing developer support, giving them direct control over loan products, pricing, and underwriting outputs. While initially designed to handle the complexities of prime mortgages, the LoanPASS engine is architected to automate a wide array of lending products, including commercial real estate, auto, and personal loans. The platform is built on a modern cloud architecture and utilizes the Rust programming language for high-speed performance, enabling complex pricing decisions in under a second.
The company's business model is centered on providing its technology as a subscription service. BlockGen has secured funding through multiple rounds, including a Series A in April 2019 and a Series E in March 2024, with total funding reaching over $14 million. In May 2025, BlockGen acquired PMI Rate Pro, further expanding its capabilities. The firm also holds a patent related to private key identity management and blockchain technology.
Keywords: mortgage technology, loan pricing engine, underwriting automation, decisioning engine, financial software, fintech, PaaS, lending automation, LoanPASS, loan origination, credit risk management, financial services technology, banking technology, self-service lending platform, real estate technology, private key identity, mortgage tech