Fuse Raises $25M To Disrupt Aging Loan Origination Systems Used By US Credit Unions

Fuse Raises $25M To Disrupt Aging Loan Origination Systems Used By US Credit Unions

Fuse Raises $25M to Revolutionize How Credit Unions Approve Loans Credit unions across the United States are stuck with outdated loan origination software that takes nearly a year to implement and locks institutions into costly multi-year contracts. Fuse, an AI-native fintech startup, just raised $25 million to change that — and it is offering a lifeline to the first institutions willing to make the switch. How Fuse Was Born From Frustration The story behind Fuse begins with two immigrant founders who refused to accept the status quo. Andres Klaric, originally from Bolivia, and Marc Escapa, a Spanish immigrant, spent three years building an automotive lending startup before a major realization hit them in 2023. Large language models had advanced enough to tackle something far more consequential than car loans: the loan origination system, or LOS, the central nervous system of the entire lending industry. Frustrated by the limitations of aging software platforms, the two co-founders pivot…