July has been a busy month for Algebrik AI.

The provider of a cloud-native, artificial intelligence-powered, digital-era loan origination suite not only finalized two more partnerships, Algebrik AI also landed the work for a Michigan credit union that’s been in operation since 1964.

While the new partnerships are with AppOne and Spinwheel, perhaps what has Algebrik AI the most excited is being able to serve United Financial Credit Union, which is based in Saginaw, Mich.

The institution has selected Algebrik AI’s complete agentic AI-powered lending origination suite called Algebrik One — including its digital account opening, Lender’s Cockpit (its loan origination system), omni-channel point-of-sale (POS), AI decision engine, and portfolio analytics modules — to power fully digital, faster, smarter, and more member-centric lending and account opening experiences.

“What began as a solutioning conversation has quickly evolved into real collaboration — built on mutual trust and shared goals,” said Andrea Silvers, vice president of business development and partnerships at Algebrik AI.

“At Algebrik, we’re not just deploying software — we’re helping shape the future of lending alongside forward-thinking institutions like United Financial Credit Union. We’re proud to support their journey and excited to grow what’s already become a strong, trusted relationship,” Silvers continued in a news release.

Designed from the ground up as a modular, cloud-native, AI-powered platform, Algebrik can enable personalized workflows that can adapt to the needs of both members and lenders. With Agentic AI not just making decisions but also executing them, the platform delivers measurable impact across the lending journey:

—90% reduction in abandonment rates, bringing down average loan or member acquisition costs from $600–$700 to just $100–$200.

—40% reduction in processing time for underwriters and lenders, freeing up nearly 2 days per week to focus on complex cases and deeper member engagement.

—30 to 40% increase in look-to-book ratios, improving loan-to-share performance and net interest margins.

—300% improvement in member experience, enabling approvals in under 5 minutes across all loan types — and same-day funding for unsecured personal loans.

“For us, this wasn’t just about digitizing lending, it was about choosing a partner that understands where the future of lending is headed,” said Barbara Appold, president and CEO of United Financial Credit Union.

“What has impressed us about Algebrik AI isn’t just the technology, it is the clarity of thought behind it. A platform built from the ground up to remove friction, connect teams, and help institutions like ours move with purpose. We’re excited about what this unlocks for our members, and for the credit union we’re becoming,” Appold continued.

By partnering with Algebrik AI, United Financial Credit Union aims to:

—Deliver a fully digital, new account opening, personalized, AI-powered loan origination journey across web, mobile, and branch

—Empower loan officers with a streamlined, AI-driven LOS for faster, more consistent origination and decisioning

—Unlock deeper and real-time insights with portfolio-level analytics

—Reduce processing time and improve approval and funding speed through an AI-powered decisioning engine and core integrations

“At United Financial, our members expect speed, simplicity, and support, and we’re all in on delivering it,” United Financial Credit Union chief lending officer Josh Sawyer said.

“With Algebrik AI, we’re not just accelerating approvals, we’re transforming the way lending happens. It’s a smarter, sharper platform that empowers our team to make consistent decisions fast and seamlessly, while still keeping that personal touch our members trust us for,” Sawyer continued.

Algebrik AI founder and CEO Pankaj Jain added, “United Financial Credit Union represents the kind of forward-thinking member-centric community financial institutions we built Algebrik for.

“This isn’t just about agentic AI based automation, it’s about transforming the lending experience from the ground up. By unifying digital account opening, origination, decisioning, and analytics, we’re helping credit unions like United Financial Credit Union deliver faster credit, deeper insights, and stronger member relationships, especially Gen Z — without the legacy baggage,” Jain went on to say.

More details about newest partnerships

After finalizing partnerships before and after Fourth of July, Algebrik AI announced two more during the past week.

One is a strategic partnership with AppOne, a provider of indirect lending workflow and productivity solutions for dealerships and lenders.

The other is with Spinwheel, a real-time consumer credit data and payments AI company that recently announced its $30 million Series A funding.

According to a news release, dealers using the AppOne platform can submit credit applications directly into Algebrik One, retrieve instant decisions from lenders, and receive compliant loan documents — all without leaving the AppOne interface.

Meanwhile, Algebrik’s decision engine can empower lenders to review, approve, and process indirect applications with speed and accuracy, closing the loop between dealer platforms and Algebrik’s AI-powered lending suite.

“Indirect lending thrives when technology removes friction and increases trust across the dealer-lender relationship,” said Chet Heughan, who is senior sales director at AppOne. “This partnership aligns two platforms focused on speed, compliance, and mutual success—helping credit unions and lenders scale their indirect lending strategies with greater efficiency.”

For credit unions and community banks, the companies said this integration can make it easier to expand indirect lending programs without overhauling internal operations. Lenders can tap into pre-qualified applications from dealers, apply custom credit logic using Algebrik’s AI engine, and complete funding with compliant, auto-generated contracts — all from one interface.

The result: faster time-to-funding, fewer errors, and a better member experience.

“With this integration, Algebrik One becomes the seamless bridge between dealer networks and modern lending infrastructure,” Jain said. “From credit application to compliant contract generation, we’re enabling lenders to activate indirect lending programs right within Algebrik One—without the usual operational headaches. This isn’t just a feature add — it’s a leap toward truly unified, AI-powered lending workflows.”

Meanwhile, through the other collaboration, Spinwheel will be natively integrated into Algebrik One to empower credit unions, community banks, and fintech lenders to access verified consumer debt information and integrated payment processing directly within the lending journey, streamlining approvals, enhancing member experiences, and improving decision confidence.

“Partnering with Algebrik’s modern LOS is a perfect avenue for us to advance our mission of improving the financial outcomes for lenders and borrowers alike,” said Tomás Campos, co-founder and CEO of Spinwheel. “Together, we’re enabling lenders to create a smarter and seamless borrowing experience through more accurate, actionable and verified credit insights quickly.”

Also, through this integration, Spinwheel’s debt APIs, using just a phone number and a birth date, can provide real-time, verified consumer credit data, insights, and balances across credit cards, student loans, auto loans, mortgages, personal loans and non-traditional sources to remove costly errors and friction from loan applications and disbursement.

“Embedding real-time debt visibility and execution into the origination process enables lenders to make smarter, more responsible credit decisions,” Jain said. “With Spinwheel integrated into Algebrik One, we’re not just enhancing data access—we’re unlocking payment-enabled workflows and a more holistic view of borrower obligations, redefining what truly intelligent, frictionless lending looks like.”

For more information about Algebrik AI, visit https://www.algebrik.ai.