Clutch builds a digital origination platform for credit unions, covering account opening, lending, automated decisioning and AI assistants for lending and collections.
Clutch is a digital origination platform built exclusively for credit unions. The company combines fintech-grade speed with member-first solutions, allowing credit unions to compete with larger financial institutions. It operates in the United States and serves more than 150 credit union partners, which between them serve some 130m Americans.
Its product suite spans digital account opening and loan origination, covering application, decisioning and funding across digital and in-branch channels. Fastlane, its automated decisioning product, cuts in-branch intake approval times from 25 minutes to 3 minutes and reduces manual review work. The firm also builds AI-powered assistants: HAL supports lending operations and Emma supports collections. Technical work covers identity verification, onboarding automation and member support automation.
Reported results from credit union partners include a 50% increase in look-to-book ratios, a 227% rise in deposit accounts in the first week of go-live, a 40% reduction in manual reviews and IDV spend, and 9% of abandoned applications recovered. Thousands of loan applications have been processed on the platform.
Clutch has been recognised as one of Deloitte's fastest-growing technology companies and named Best Loan Origination Platform in the 2025 FinTech Breakthrough Awards. Its investors include Andreessen Horowitz (a16z).
