Today Upstart announced a new offering called Credit Decision API; Upstart has already offered a white label solution for banks...
Upstart's Dave Girourad talks with TechCrunch about the company's new fundraising round which is adding new capital of $32.5 million; the new capital brings total funding to $85 million and this round's investors included Rakuten, Third Point Ventures, Khosla Ventures and First Round Capital; the fundraising will help the firm launch a new software as a service product called Powered by Upstart, an extension of its proprietary credit underwriting platform which utilizes machine learning and modern data science; Upstart will be releasing the new product at LendIt USA 2017. Source
Upstart reported Q4 2023 earnings yesterday with $140m in revenue for the quarter and a loss of $47.5m.
The first ever J.D. Power survey on the personal loan market makes for some interesting reading; the survey was based...
As the sun sets on 2020 and we look back at this past year nearly everything is viewed through the...
When LendingClub, Prosper and Funding Circle founded the Marketplace Lending Association (MLA) back in 2016 they knew they needed an...
Online consumer lender Upstart has reportedly set out to raise $100mn in their latest fundraising round; the round would put the valuation north of $500mn and upwards of $1bn; the company did not confirm the American Banker report but did say they anticipate completing a finals round in the next year; the company reach profitability last year and the value of loan transactions increased threefold according to a spokeswoman. Source.
Dave Girouard was first on the Lend Academy podcast back in 2014 which was their first year of operation; since...
Upstart announced Q2 earnings on Monday, disappointing investors. The company lost $32.1 million overall, on total revenue of $228 million.
Leading fintech lender Upstart went public on Nasdaq today (ticker: UPST) in a successful IPO that saw the company raise...