Clutch

About Clutch

Clutch is a digital origination platform for credit unions, offering loan origination, deposit account opening, business account opening, and AI assistants. More than 150 credit unions rely on Clutch to drive growth and streamline operations.

Clutch builds a digital origination platform designed specifically for credit unions. Its solutions cover deposit account opening, loan origination, business account opening, and a lending automation system (LAS), along with banker tools, omnichannel origination, fastlane decisioning, targeted remarketing, and AI assistants such as HAL and Emma. The platform can be deployed modularly or as a complete solution.

Clutch serves credit unions, with more than 150 customers including Firstmark Credit Union, Neches Federal Credit Union, and Abound Credit Union. The company reports results such as an 84% increase in look-to-book ratios and a 79% decrease in time to fund. It maintains its capital reserves exclusively with credit unions and is backed by investors like TruStage and Curql Collective.

The company was founded by fintech veterans Nicky Hinrichsen and Chris Coleman, and has a team of over 200 employees across the U.S. and Latin America.