Clara Capital Surpasses $300 Million in SMB Funding

Clara Capital Servicing LLC, a leading provider of alternative financial solutions for small and medium-sized businesses (SMBs), today announced that it has achieved a major growth milestone by surpassing $300 million in SMB funding. In the past year, Clara has strategically expanded its financial infrastructure, operational footprint, sales channels, and technology stack positioning the company as one of the fastest-growing financial services firms in the U.S. Clara Capital’s 2024-2025 growth highlights include: $ 300 M+...

AI Transforms Non-Bank Mortgage Lending, Says New Report

New study highlights how 2025 will be a turning point as technology redefines experience, operations, and value across the mortgage lifecycle. Key Findings: 74% of non-bank lenders are betting on innovation to drive differentiation, while only 21% believe they are leading the pack—revealing a significant gap and opportunity to innovate. Agentic AI is becoming the next big play, merging GenAI’s cognitive reasoning with automation’s precision, ushering in task-fulfilling “agents” that scale beyond efficiency into execution. Only 51% of...

Upstart & Fortress Investment Group Announce $1.2B Agreement

Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced a forward-flow commitment from funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). Fortress has agreed to purchase up to $1.2 billion of consumer loans originated on the Upstart platform through March 2026. “This forward-flow agreement with Upstart reflects our continued pursuit of high-quality, risk-adjusted consumer credit assets,” said Matt Biczak, Managing Director at Fortress Investment Group. “Upstart’s platform provides access to...

Credibly Launches Credibly.ai for AI and Automation in Fintech

Credibly, the GenAI-powered lending platform dedicated to championing small businesses, announced today the launch of Credibly.ai, an innovation and technology showcase designed to highlight the company’s groundbreaking progress in artificial intelligence. This initiative celebrates a major advancement in the evolution of lending practices, providing small businesses with advanced tools and solutions to meet their financing needs. With Credibly.ai, Credibly sets out to demonstrate the transformative potential of AI in the lending sector. Credibly Chief Strategy Officer Minyang Jiang said,...

Candidly and Fiducius Partner to Enhance Fintech College Tools

Candidly, the market’s leading AI-driven student debt and savings optimization platform has partnered with Fiducius, a top provider of financial wellness benefits. Through this collaboration, Fiducius will enhance its employee benefits platform by integrating select Candidly tools for college savings and private student lending. This new relationship will enable Candidly to expand the impact of its solutions for planning and paying for college and, in turn, allow Fiducius to reach new employee populations. With the addition...

First Commonwealth Expands Loan Access with Upstart Partnership

First Commonwealth Federal Credit Union has partnered with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to expand access to personal loans and better serve its growing membership across Pennsylvania and New Jersey. “At First Commonwealth, we’re committed to financial empowerment for all,” said Terry Grier, Chief Lending Officer at First Commonwealth Federal Credit Union. “By partnering with Upstart, we can leverage AI-powered credit decisioning to lend more inclusively—helping more low- and moderate-income...

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