Drowning in disbursements?
There's a better way.
Stop chasing banking data. Stop trusting void cheques. Disburse on the same bank-verification rails Canadian fintechs use to move money safely.
Built on bank-grade verification infrastructure connected to every major Canadian financial institution.
Your current process isn't just slow—it's not compliant
The Old Way
- Void cheques sent via email—easy to forge, impossible to verify ownership, and not compliant
- No way to confirm bank account details actually belong to the registered charity—anyone with a CRA number and a fake void cheque could redirect funds
- Charities change banks, forget to notify you—disbursements bounce
- You maintain thousands of charity banking records manually
- Charities update the same info for every DAF they work with
- Manual payment file creation for every batch
Disbursement Hub
- Charities verify their bank accounts through the same OAuth-based infrastructure—used by 300+ Canadian financial institutions—confirming ownership, not just collecting numbers
- Account ownership verified at the institutional level before any payment processes—not just "trust the void cheque"
- All grantors access the same validated data—no duplication
- Automated prompts keep charity data current
- We generate the payment file—you just approve and send
- Banking-grade security approved by 300+ Canadian financial institutions
Trusted & Verified
A void cheque only proves someone has a chequebook. Disbursement Hub verifies both layers: bank-side proof of account ownership, plus a monthly CRA sync—as fast as the CRA itself publishes—confirming the charity's good standing.
Charity & account verification
Bank authentication confirms account ownership. Monthly CRA sync confirms charity status—as fast as the CRA publishes. Two proofs, every batch.
Real-time bank validation
Account status is checked the moment a batch is built. Closed accounts and stale records are caught before payments fail.
Institutional authentication
OAuth connections to every major Canadian bank. Credentials stay with the bank. We get a verified result—nothing stored.
From approved grant to charity deposit in four steps
Create Your Batch
Fund holders can request disbursements, or you enter them directly. Charity data populates automatically—no manual lookup required.
Connect & Verify
Link your organization's bank account through secure, institutional-grade verification (one-time setup). Balances verified. Account ownership confirmed. Review totals and approve.
Hit Submit
Funds move automatically through secure bank integration. Track every disbursement in real-time from queue to complete.
Charities Get Paid
EFT processed. Charities notified. Complete audit trail. We never touch the money or take a cut. We just facilitate the authorization and connection.
Everything you need to disburse with confidence
Centralized Banking Data
Secure & Compliant
No Percentage Fees
Direct Bank Integration
Flexible Integrations
Account Ownership Verification
Built to the standard your auditor expects
Why void cheques aren't good enough
A void cheque proves someone has a chequebook. It doesn't prove the account belongs to a registered Canadian charity. In an era where document forgery takes minutes, every DAF administrator carries the fiduciary risk of sending grants to unverified accounts.
Disbursement Hub eliminates that risk. Charities authenticate directly with their bank through OAuth-based bank verification—the same model used by Canada’s leading fintechs and challenger banks. The result: account ownership is proven, not claimed.
One charity update benefits every grantor
Today, every DAF maintains their own charity banking database. Charities fill out the same forms for dozens of funders. When they change banks, most funders never find out until a payment bounces.
Disbursement Hub flips this model. Charities upload their banking information once to a secure, centralized system. When they update it, every grantor using WellFunded sees the change immediately. And because every account is verified through institutional authentication—not void cheques or PDFs—you can trust that the banking details actually belong to the charity they claim to represent.
We're building the source of truth for Canadian charity banking data.
"If I could wave a magic wand, creating an EFT bank for DAFs to tap into is probably top of my list."
DAF Administrator
Canadian Donor Advised Fund
Stop chasing. Start disbursing.
Join the DAFs building shared payment infrastructure for Canadian philanthropy. No percentage fees. Banking-grade security. One source of truth.