The encurage financial network, a cooperative effort of four formerly independent credit unions, today announced its partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to more people.

“The encurage financial network is committed to ongoing innovation to deliver a set of leading services that enriches our credit union network, our members and the communities we serve,” said Michael Abraham, President & Chief Executive Officer of encurage financial network. “Through our partnership and collaboration with Upstart, we’re able to offer an enhanced, all-digital personal lending solution to serve more people across our field of membership.”

encurage financial network became an Upstart Referral Network lending partner in February 2023. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet encurage’s credit policies will receive tailored offers as they seamlessly transition into an encurage-branded experience to complete the online member application and closing process.

“We are excited to welcome the encurage financial network to the Upstart family of lending partners,” said Michael Lock, Senior Vice President of Lending Partnerships for Upstart. “As part of the Upstart Referral Network, encurage is able to leverage AI-powered credit decisioning to approve more creditworthy borrowers and gain new members.”

To learn more about Upstart for Credit Unions and the Upstart Referral Network, please watch this video.