Uptiq, the AI platform purpose-built for financial services, raised $25 million in Series B funding led by credit union investment collective Curql on February 13, positioning the Texas-based company to scale production-ready AI systems as banks and credit unions demand solutions that actually deploy rather than remain stuck in pilot programs.
The round included participation from Silverton Partners, 645 Ventures, Broadridge, Green Visor Capital, Live Oak Ventures, First Capital, Epic Ventures, Tau Ventures, and Evolution VC. Uptiq founder and CEO Snehal Fulzele emphasized the funding addresses a critical gap between AI experimentation and real-world implementation in regulated environments.
"Banks Don't Need More AI Demos"
"Banks and credit unions don't need more AI demos—they need systems that actually run in production," said Dave Tucker, Partner at Curql. "Uptiq combines production-ready financial AI with a platform builders can extend, which is why we're excited to back the team."
The sentiment reflects widespread frustration across financial services where institutions eager to adopt AI struggle to move beyond pilots due to regulatory complexity, fragmented systems, and lack of domain-ready solutions. Curql, backed by a consortium of leading credit unions and financial institutions, specifically invests in fintech companies enabling innovation in banking, lending, payments, and digital financial services.
140 Institutions, $1 Billion in Transactions
Uptiq's platform already serves more than 140 financial institutions including Focus Financial Partners, Alpha Modus, Orion, Broadridge, Nano Banc, and TransPecos Banks. The company has processed over $1 billion in transactions across lending and wealth workflows.
Customers using Uptiq's AI agents report tangible operational improvements: up to 41% faster underwriting decisions, 29% lower operational costs, and double the volume of loan applications processed without adding headcount. These metrics demonstrate the business case for production-ready AI versus experimental implementations.
Pre-Packaged AI for Financial Services
Unlike horizontal AI platforms requiring extensive customization, Uptiq delivers pre-packaged, production-ready AI applications and digital workers designed specifically for financial services. Solutions deploy quickly, integrate with existing core systems, and meet enterprise-grade compliance requirements from day one.
Uptiq's offerings span multiple financial segments: AI-powered commercial lending, covenant monitoring, servicing, and banker co-pilots for banking and credit unions; advisor co-pilots for onboarding, compliance documentation, portfolio insights, and client engagement in wealth management; and AI-driven underwriting, risk analysis, and operational automation for fintech and embedded finance applications.
Qore Platform Expansion
All Uptiq solutions are powered by Qore, the company's AI orchestration platform combining document intelligence, deep financial skills library, multi-agent workflows, and secure integrations. Qore handles document processing, financial reasoning, permissions, auditability, and integration with core systems out of the box.
As part of the Series B, Uptiq will expand Qore into a self-serve platform for builders and developers, enabling fintech startups, internal bank teams, and independent developers to prototype and deploy financial AI in days rather than months. Developers can build financial AI applications using natural language prompts and pre-built financial capabilities without assembling fragmented AI stacks or rebuilding compliance layers from scratch.
India Research Hub Expansion
A significant portion of the new capital will scale operations at Uptiq Labs, the company's Pune, India research and engineering hub functioning as the global center for financial services AI development. "India plays a critical role in solving that problem. Uptiq Labs is where we research, engineer, and harden AI systems that financial institutions can trust at scale," Fulzele said.
The funding follows Uptiq's $12 million Series A round in October 2025 led by Silverton Partners, demonstrating rapid momentum in a market increasingly demanding sector-specific AI platforms for heavily regulated industries. Founded in 2022, Uptiq positions itself at the intersection of production-ready deployment and financial services expertise.
"At a time when AI hype is everywhere, financial institutions need systems that actually work in production," Fulzele concluded. "Uptiq delivers industry-ready AI that institutions and builders can trust inside regulated environments."
