Clutch, a digital banking software provider for credit unions, has secured $65 million in Series B funding led by Alkeon Capital Management, with contributions from Andreessen Horowitz and others. The funds will support Clutch’s mission to help credit unions compete with digital-first Fintechs by enhancing its AI-driven platform, expanding capabilities, and strengthening partnerships with existing credit union technology providers. With over 135 clients and strong growth momentum, Clutch aims to empower credit unions to deliver seamless consumer experiences and maintain a competitive edge in today’s digital financial landscape.
Clutch Secures $65M Series B Funding to Propel Credit Unions into the Fintech Era