Founded by Snehal Fulzele, Uptiq builds industry-specific AI applications and digital workers for banking, wealth management and fintech workflows, designed to operate within regulated financial environments and integrate with existing core systems.Uptiq, an AI platform built for financial services, has raised $25 million in a Series B funding round led by Curql, with participation from Silverton Partners, 645 Ventures, Broadridge, Green Visor Capital, Live Oak Ventures, First Capital, Epic Ventures, Tau Ventures and Evolution VC.
The company said a significant portion of the capital will be invested in Uptiq Labs in India, which serves as its global centre for AI research, engineering and innovation focused on financial services.
Uptiq builds industry-specific AI applications and digital workers for banking, wealth management and fintech workflows, designed to operate within regulated financial environments and integrate with existing core systems.
“Banks and credit unions don’t need more AI demos — they need systems that actually run in production,” said Dave Tucker, partner at Curql.
The company’s platform currently supports use cases across commercial and consumer lending, wealth management, underwriting, compliance and operational automation. Uptiq said its solutions are used by more than 140 financial institutions globally, including Focus Financial Partners, Orion, Broadridge and TransPecos Banks.
“Uptiq Labs is where we research, engineer and harden AI systems that financial institutions can trust at scale,” said founder and CEO Snehal Fulzele.
The platform claims to have processed over $1 billion in transactions, with customers reporting up to 41 per cent faster underwriting decisions and 29 per cent lower operational costs.
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