EnFi and Fintop announce $15 million funding round to deploy agentic AI for bank credit decisions
BOSTON, United States – February 5, 2026 — Boston-based fintech EnFi announced a $15 million funding round led by Fintop, with participation from Patriot Financial Partners, Commerce Ventures, Unusual Ventures, and Boston Seed Capital. The raise brings total funding to $22.5 million and targets deployment of agentic AI agents for credit analysis at regional and community banks facing staffing shortages.
Overview
EnFi’s AI agents analyze borrower leverage, collateral, credit histories, and flag documentation inconsistencies. Banks can tailor these agents to their portfolios, boosting lending capacity without additional headcount. The investment consortium connects to over 150 smaller financial institutions across the United States.
Announcement Specifics
EnFi’s AI agents analyze borrower leverage, collateral, credit histories, and flag documentation inconsistencies. Banks can tailor these agents to their portfolios, boosting lending capacity without additional headcount. The investment consortium connects to over 150 smaller financial institutions across the United States.
Stakeholder Perspectives
EnFi Leadership:
“The use of the artificial intelligence agents makes the smaller banks much more competitive in credit.”
— Joshua Summers, Co-Founder and CEO at EnFi
Why it matters: This perspective underscores how AI levels the playing field for resource-constrained lenders, enabling faster, data-driven decisions without scaling human capital.
Industry Technology View:
“The power of AI is only as good as the data that it resides on.”
— Rinesh Patel, Global Head of Financial Services at Snowflake
Why it matters: This highlights the critical role of quality data infrastructure in reliable AI deployment for regulated banking environments.
Industry Context
Community banks across the United States grapple with persistent staffing shortages and increasing demands for faster lending decisions amid economic pressures. EnFi’s agentic AI integrates into existing workflows with an emphasis on reliability, transparency, and governance—essential requirements for compliance in regulated financial institutions. This reflects broader fintech trends toward automating credit underwriting to scale operations without proportional increases in operational costs.
While EnFi operates from Boston with a U.S.-centric focus, its model offers scalable insights for global fintechs tackling similar credit analysis challenges in resource-constrained banking environments. No transaction volumes or international expansion plans were disclosed in this announcement.
Conclusion
EnFi’s funding accelerates agentic AI adoption in community banking, promising enhanced operational efficiency and competitive positioning for smaller institutions against larger national banks. The company will focus on broader rollout to transform credit workflows at its target institutions in the coming months.
Sources: PYMNTS, EnFi, Crunchbase
