Uptiq Raises $25M to Scale AI Financial Platform
What happened
Fintech firm Uptiq has raised a $25 million Series B funding round. The capital will be used to scale its AI-powered financial services platform and launch a new modular offering for developers called “Qore for Builders.”
Why it matters
- The Series B round was led by Curql, a strategic venture fund backed by a consortium of credit unions, with participation from notable investors like Broadridge, Silverton Partners, and 645 Ventures. - Founder and CEO Snehal Fulzele has over a decade of experience building technology platforms for regulated financial environments; the company's stated mission is to move AI from experimentation to production-ready impact. - Uptiq's platform is currently used by over 140 financial institutions, including Orion, Broadridge, and TransPecos Banks, and has processed more than $1 billion in transactions across lending and wealth management workflows. - The "Qore" platform is an AI orchestration layer that integrates with legacy core systems, providing pre-built financial skills and compliance-aware workflows to automate tasks like commercial underwriting, loan servicing, and portfolio analysis. - Clients using Uptiq's AI agents report tangible metrics, including up to 41% faster underwriting decisions, 29% lower operational costs, and a doubling of loan application volume without increasing headcount. - Beyond serving established institutions, Uptiq is fostering a developer ecosystem with its "AI FinServ Launchpad," a program that helps fintech founders build and pilot new products on the Qore platform with a network of over 150 financial institutions. - A key strategic partner, Broadridge, has integrated Uptiq's technology into its Wealth Lending Network to provide AI-powered tools for automating securities-based lending workflows for financial advisors.
Key numbers
- Fintech firm Uptiq has raised a $25 million Series B funding round.
- Uptiq's platform is currently used by over 140 financial institutions, including Orion, Broadridge, and TransPecos Banks, and has processed more than $1 billion in transactions across lending and wealth management workflows.
- Clients using Uptiq's AI agents report tangible metrics, including up to 41% faster underwriting decisions, 29% lower operational costs, and a doubling of loan application volume without increasing headcount.
- Beyond serving established institutions, Uptiq is fostering a developer ecosystem with its "AI FinServ Launchpad," a program that helps fintech founders build and pilot new products on the Qore platform with a network of over 150 financial institutions.
What happens next
- The capital will be used to scale its AI-powered financial services platform and launch a new modular offering for developers called “Qore for Builders.”
Quick answers
What happened in Uptiq Raises $25M to Scale AI Financial Platform?
Fintech firm Uptiq has raised a $25 million Series B funding round. The capital will be used to scale its AI-powered financial services platform and launch a new modular offering for developers called “Qore for Builders.”
Why does Uptiq Raises $25M to Scale AI Financial Platform matter?
The Series B round was led by Curql, a strategic venture fund backed by a consortium of credit unions, with participation from notable investors like Broadridge, Silverton Partners, and 645 Ventures. Founder and CEO Snehal Fulzele has over a decade of experience building technology platforms for regulated financial environments; the company's stated mission is to move AI from experimentation to production-ready impact. Uptiq's platform is currently used by over 140 financial institutions, including Orion, Broadridge, and TransPecos Banks, and has processed more than $1 billion in transactions across lending and wealth management workflows. The "Qore" platform is an AI orchestration layer that integrates with legacy core systems, providing pre-built financial skills and compliance-aware workflows to automate tasks like commercial underwriting, loan servicing, and portfolio analysis. Clients using Uptiq's AI agents report tangible metrics, including up to 41% faster underwriting decisions, 29% lower operational costs, and a doubling of loan application volume without increasing headcount. Beyond serving established institutions, Uptiq is fostering a developer ecosystem with its "AI FinServ Launchpad," a program that helps fintech founders build and pilot new products on the Qore platform with a network of over 150 financial institutions. A key strategic partner, Broadridge, has integrated Uptiq's technology into its Wealth Lending Network to provide AI-powered tools for automating securities-based lending workflows for financial advisors.
