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Upstart
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Summary
location iconSan Mateo, California
website
company sizeCompany size: 501-1000

Upstart is a leading lending platform that leverages artificial intelligence (AI) utilized by traditional lenders such as banks and credit union that is designed to improve access to affordable credit while reducing the risk and costs. Upstart's platform can help banks, credit unions, and other lenders obtain higher approval rates and experience lower loss rates with a digital-first lending experience.

Categories
Private Credit
Digital Services
Services Consumer
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Upstart - Recent News & Articles

Crypto Sees Second-Best Year Ever: 2024 Trading Hits $18.4 Trillion

AltIndex’s report showed that this growth was driven by Bitcoin's rally, spot ETF approvals, increased DeFi activities, and regulatory clarity in key regions. Binance dominated the market by reportedl...

Source: Finance Magnates

Decentralized exchange volume hits record high of $462B in December

Decentralized exchanges (DEXs) set a record high in December, with monthly trading volume soaring to $462 billion, according to decentralized finance (DeFi) data platform DefiLlama. Data released on D...

Source: Cointelegraph

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

BlackRock’s Bitcoin exchange-traded fund (ETF) saw its largest-ever single-day outflow as Bitcoin funds notched a fourth straight trading day of outflows totaling more than $1.5 billion. BlackRock’s i...

Source: Cointelegraph

Blockchain vs. SWIFT: Why Traditional Systems Can't Keep Up in the Global Economy

Cross-border payments keep the world connected, fueling everything from international trade to daily transactions. However, in the rapidly developing world, traditional systems like SWIFT might find t...

Source: Finextra

Blackstone, KKR, CVC curbed by China’s IPO clampdown

Major private equity firms have faced significant obstacles in selling or listing their China-based portfolio companies in 2023, with Beijing’s tightening restrictions on IPOs and a decelerating econo...

Source: Private Equity Wire

North Korea hackers behind 60% of all crypto stolen in 2024

The total value of crypto stolen in 2024 was up 21% on the previous year, although still way down on the $3.7 billion nabbed in 2022. Hackers linked to North Korea have become notorious for their soph...

Source: Finextra

Why BlackRock is shelling out $12bn for private credit shop HPS

HPS Investment Partners could hardly be more different than its suitor, BlackRock. Whereas BlackRock, an $11.5tn powerhouse, is best known for investing clients’ funds across huge swaths of public mar...

Source: Financial Times

US fintech Chime reportedly submits confidential filing for potential 2025 IPO

Chime Financial has reportedly confidentially filed for an initial public offering (IPO) in the US, according to a report by Bloomberg. The Bloomberg report, citing sources familiar with the matter, s...

Source: FinTech Futures

Sixth Street pact hands Affirm firepower for $20bn in new consumer loans

Private investment group Sixth Street will pump $4bn into a vehicle to buy loans from US fintech Affirm in a deal that will give the lender firepower to make billions of dollars in additional consumer...

Source: Financial Times

National Center for Public Policy Research proposes BTC treasury to Amazon

The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — submitted a shareholder proposal to Amazon saying that a Bitcoin corporate treasury strateg...

Source: Cointelegraph