Upstart (NASDAQ: UPST) is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credit unions that leverage Upstart’s AI models and cloud applications to deliver superior credit products. With Upstart AI, lenders can approve more borrowers at lower rates across races, ages, and genders, while delivering the exceptional digital-first experience customers demand. More than 80% of borrowers are approved instantly, with zero documentation to upload. Founded in 2012, Upstart’s platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar “relief” loans. Upstart is based in San Mateo, California, and Columbus, Ohio.
External link for Upstart
2950 S Delaware Street, Ste. 300
San Mateo, CA 94403, US
711 N. High Street
4th Floor
Columbus, Ohio 43215, US
811 Barton Springs Rd
Austin, Texas 78704, US
Welcome, Fibre Federal Credit Union, to the Upstart family of lending partners! 🎉
We're proud to welcome Fibre Federal Credit Union to the Upstart family of lending partners! 🎉 Through the Upstart Referral Network, Fibre Federal is able to serve more individuals across Southwest Washington and Northwest Oregon. #AILending #AccessToCredit Here’s what Alissa Johnson, VP Consumer Lending at Fibre Federal Credit Union, had to say about the partnership:
American Banker’s Penny Crosman dives deep into “the thorniest question in algorithmic fairness right now:” Does there have to be a tradeoff between accuracy and fairness? Read how Upstart strives to strike the right balance and why using AI can improve both the accuracy and fairness of traditional underwriting models (paywall): https://lnkd.in/gh2h7pXH #AI #lending #credit
Auto retail may be going through a digital transformation, but trust is still at the heart of sales. That why our guest on this week's Leadership in the Dealership says a focus on in-person interaction is just as important as innovation. Listen 👉 https://lnkd.in/gB4QZDGH
🚀 We just released one of the largest and most impactful improvements to our personal loan underwriting model in Upstart history. How’d we do it? 🧐 Find out 👉 https://lnkd.in/ejiptSTK
Welcome, AMOCO Federal Credit Union, to the Upstart family of lending partners! 🎉
We're proud to welcome AMOCO Federal Credit Union to the Upstart family of lending partners! 🎉 As an Upstart lending partner, AMOCO is able to serve more individuals in the Houston and Galveston markets with their personal loan offering. #AILending #AccessToCredit Here’s what Jeremy Silva, Chief Financial Officer at AMOCO Federal Credit Union, had to say about the partnership:
Don't miss our Principal Product Manager Brett Manning, PhD discuss Upstart's approach to #data on Equifax for Business' Market Pulse webinar this Thursday, Aug. 15, at 2pm ET. Register👇
Register for our upcoming Market Pulse webinar. Experts will discuss the benefits of #AlternativeData, updates on the #fintech space for lenders, how interest rates are affecting the overall economy and more. https://lnkd.in/eM3SF_CX Upstart Robert Wescott David Sojka Brett Manning, PhD #InterestRates #EconomicUpdate
We’re excited to increase access to affordable credit with forward-thinking partners like Centerbridge Partners, L.P.
Centerbridge completed the acquisition of a $400 million consumer loan portfolio from Upstart (NASDAQ: UPST), an AI lending marketplace. The portfolio consists of consumer loans that Upstart previously held on its own balance sheet. Upstart connects millions of consumers to more than 100 banks and credit unions that leverage Upstart’s AI to approve more borrowers at lower rates, while delivering the exceptional digital-first experience that customers demand. Read more: https://lnkd.in/eibw7YMg
Don't miss Henry Dierkes interview Upstart CFO Sanjay Datta this Friday! Deets below 👇
Excited to announce I will be speaking with Upstart CFO Sanjay Datta this Friday, August 9, at 11:00 am CST Please register for the Zoom webinar here https://t.co/nDNrCX46Td Thank you to everyone on the Upstart team who made this possible!
We’re excited to increase access to affordable credit with forward-thinking partners like Centerbridge Partners, L.P.
A Kirkland team led by structured finance partners Joel Weinberger and Jeffrey O'Connor represented funds advised by leading global alternative investment firm Centerbridge Partners, L.P. in the acquisition of a $400 million consumer loan portfolio from Upstart.
Since partnering with Upstart, Commonwealth Credit Union has originated over $22M in personal loans and added more than 1,900 new members—many of them buying multiple products from the Frankfort, Kentucky-based institution. How’d they do it? 👉 https://lnkd.in/eC4759pP