Fuse launches $5 million Rescue Fund for credit unions

Provider of loan origination software Fuse has launched a $5 million Rescue Fund to help credit unions transition away from legacy loan origination systems, offering free use of its platform until existing contracts expire.

The initiative targets 50 credit unions, allowing them to migrate to Fuse’s AI-based platform with no upfront or implementation costs, followed by a flat annual subscription model. Fuse said the platform uses AI to automate lending workflows, monitor bottlenecks, and support faster system updates, positioning it as an alternative to traditional SaaS models in the credit union space.

“Credit unions aren’t losing members because they lack heart, they’re losing them because their technology can’t keep up. Legacy platforms create a widening gap between what members expect and what the system can deliver: hidden fees, glacial change cycles, restricted data access, and zero path to automation. That gap is where fintechs are winning. Fuse exists to close it. The era of the change order is dead. Legacy SaaS vendors built their businesses on friction. The harder it is for you to leave or change your system, the more the system providers profit. Credit unions aren’t losing market share because they lack the will to serve their members, they’re losing because they’re fighting a modern war with tools from the 1990s. We built Fuse to be a generational business that realigns incentives. We don’t get paid to lock you in; we get paid to automate your work. And we’re setting aside $5 million to prove it.” – Andres Klaric, cofounder of Fuse.

“SaaS needs to disrupt itself. Because our platform is AI-native, we build integrations in weeks, not months, and our system self-diagnoses bottlenecks. We pass those gains directly to clients. We’re betting that if we give credit unions the best technology for a fair, flat price, we will build the defining partnership of the next generation.” – Marc Escapa, cofounder of Fuse.