WithClutch

Provides a digital platform for credit unions to streamline loan and deposit account origination through automated workflows and secure, user-friendly interfaces. This reduces operational inefficiencies, accelerates loan funding by days, and enables credit unions to increase portfolio growth and member satisfaction through improved cross-selling and faster application processing.

Traction 10/10

Half Moon Bay, United States · HQ

Founded 202018410K+ followers

Enterprise Software
Financial Technology
Software Only

Updated 23 months ago

Funding

Raised to date

$101MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

2 founders

Nicky Wasserman

CEO

Chris Wasserman

CEO

Product

Problem

Credit unions face challenges in keeping pace with rapidly evolving financial technology, often struggling with inefficient manual processes for loan and deposit account origination. This can lead to slow application processing times, reduced member satisfaction, and missed opportunities for portfolio growth through cross-selling.

Solution

Clutch provides a digital platform designed to transform credit unions into fintech-enabled organizations by streamlining loan and deposit account origination. The platform automates routine tasks and simplifies workflows, reducing operational inefficiencies and accelerating the time to fund loans. By offering intuitive interfaces and state-of-the-art security features, Clutch enhances member experiences and empowers credit unions to drive loan and deposit growth through improved cross-selling and faster application processing. The solution bridges the gap between traditional banking and modern financial expectations, enabling credit unions to allocate resources more strategically and improve products and services for members.

Target Audience

Clutch primarily targets credit unions seeking to modernize their loan and deposit account origination processes, improve member satisfaction, and drive portfolio growth.

Features

Automated workflows for loan and deposit account origination
Intuitive interfaces for members and employees
Enhanced security features to protect sensitive data
Streamlined application processing to reduce time-to-fund
Cross-selling tools to increase loan origination
Omnichannel support for a consistent member experience across all devices