STOCK TITAN
  1. Home
  2. News
  3. UPST

Upstart Holdings, Inc. - UPST STOCK NEWS

Welcome to our dedicated page for Upstart Holdings news (Ticker: UPST), a resource for investors and traders seeking the latest updates and insights on Upstart Holdings stock.

Upstart Holdings, Inc. (symbol: UPST) is a pioneering financial technology company that leverages artificial intelligence (AI) and machine learning to transform the credit lending process. Founded by ex-Googlers, Upstart has revolutionized the lending industry by using advanced algorithms to assess credit risk and automate the borrowing process, making it more efficient and accessible.

Upstart's core business revolves around its proprietary, cloud-based AI lending platform, which aggregates consumer demand for loans and connects it to a network of AI-enabled bank partners. This platform supports a variety of loan types, including personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar loans.

One of Upstart's key offerings is their direct-to-consumer lending platform, which has achieved impressive credit performance and garnered the industry's highest consumer ratings. Additionally, Upstart extends its technology to banks, credit unions, and other partners through a SaaS product known as Powered by Upstart. This service allows financial institutions to integrate advanced AI-driven credit assessment tools, improving their lending efficiency and customer satisfaction.

Recent achievements include expanding their product portfolio and forging significant partnerships with leading financial institutions. The company's latest projects focus on enhancing their AI models to provide even more accurate risk assessments and expanding their reach within the fintech ecosystem.

Upstart is financially robust, continuously innovating, and committed to providing excellent services to both consumers and partners. For more details about their operations and opportunities, visit Upstart About and Upstart Careers.

Stay updated with the latest news and developments from Upstart Holdings, Inc.:

  • Latest News: Source: Upstart
  • ---
  • ---
  • Source: LawFi, Inc.
  • ---
  • ---
  • Source: Upstart Holdings, Inc.
News

Upstart Announces Third Quarter 2023 Results

Rhea-AI Summary
Upstart Holdings, Inc. (NASDAQ: UPST) Announces Q3 2023 Financial Results, Revenue Down 14% Year-over-Year, Adjusted EBITDA of $2.3 million
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.3%
Tags
earnings
-
News

Vesta Supports Launch of Upstart’s New Home Equity Line of Credit Product

Rhea-AI Summary
Vesta, a SaaS provider of mortgage loan origination software, partnered with Upstart (NASDAQ: UPST) to launch Upstart’s new home equity line of credit (HELOC) product. Upstart Mortgage is now originating HELOCs in several states, targeting a funding time of fewer than five days, leveraging AI-enabled pricing and decisioning, and Vesta’s loan origination software.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
-
News

Vesta Supports Launch of Upstart’s New Home Equity Line of Credit Product

Rhea-AI Summary
Vesta, a SaaS provider of mortgage loan origination software, has partnered with Upstart, the leading AI lending marketplace, to launch Upstart's new home equity line of credit (HELOC) product. Upstart Mortgage is now originating HELOCs in several states across the U.S. The partnership aims to automate the entire process and ensure compliance with home lending regulations, targeting a funding time of fewer than five days compared to the industry average of more than a month.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.55%
Tags
none
News

DELETED: Vesta Supports Launch of Upstart’s New Home Equity Line of Credit Product

Rhea-AI Summary
The news provider has deleted the story.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.55%
Tags
none
-
News

encurage financial network Selects Upstart for Personal Lending

Rhea-AI Summary
The encurage financial network has partnered with Upstart to provide personal loans to more people. Through this partnership, encurage will offer an enhanced, all-digital personal lending solution to serve more people across their network. Qualified personal loan applicants on Upstart.com who meet encurage's credit policies will receive tailored offers and seamlessly transition into an encurage-branded experience to complete the online application and closing process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.04%
Tags
none
-
News

Upstart to Report Third Quarter 2023 Earnings on November 7, 2023

Rhea-AI Summary
Upstart Holdings, Inc. will release its Q3 fiscal year 2023 business and financial results on November 7, 2023. A conference call and webcast will be held on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
conferences earnings
News

Heritage Financial Credit Union Selects Upstart for Personal Lending

Rhea-AI Summary
Heritage Financial Credit Union partners with Upstart to provide personal loans, expanding their reach and offering a digital-first experience. This partnership allows HFCU to gain more members digitally and help them meet their financial needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
Tags
none
-
News

Idaho Central Credit Union Selects Upstart for Personal Lending

Rhea-AI Summary
Idaho Central Credit Union partners with Upstart to provide personal loans, aiming to grow and scale their loan offering and membership through a seamless lending experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.42%
Tags
none
-
News

Naveo Credit Union Selects Upstart for Personal Lending

Rhea-AI Summary
Naveo Credit Union partners with Upstart to provide personal loans, expanding access to credit in Massachusetts neighborhoods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.66%
Tags
none
News

Farmers Insurance Federal Credit Union Selects Upstart for Personal Lending

Rhea-AI Summary
Farmers Insurance Federal Credit Union (FIGFCU) has partnered with Upstart to offer personal loans to consumers across the country. This collaboration allows FIGFCU to reach a wider audience and provide a modern, all-digital lending experience. Through the Upstart Referral Network, qualified applicants on Upstart.com will receive tailored offers and seamlessly transition into a FIGFCU-branded experience for the application and closing process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
none

FAQ

What is the current stock price of Upstart Holdings (UPST)?

The current stock price of Upstart Holdings (UPST) is $64.08 as of January 3, 2025.

What is the market cap of Upstart Holdings (UPST)?

The market cap of Upstart Holdings (UPST) is approximately 5.7B.

What does Upstart Holdings, Inc. do?

Upstart Holdings, Inc. uses artificial intelligence to transform credit lending, offering various loan types via its proprietary AI lending platform.

What types of loans does Upstart offer?

Upstart offers personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar loans.

How does Upstart's AI lending platform work?

The platform aggregates consumer demand for loans and connects it to a network of AI-enabled bank partners, using advanced algorithms to assess credit risk.

What is 'Powered by Upstart'?

'Powered by Upstart' is a SaaS offering that allows banks, credit unions, and other partners to use Upstart's AI-driven credit assessment tools.

Who founded Upstart Holdings, Inc.?

Upstart was founded by ex-Googlers who aimed to innovate the credit lending industry with AI and machine learning.

How can I learn more about Upstart?

You can visit Upstart's official website for more information at https://www.upstart.com/about.

Is Upstart a financially stable company?

Yes, Upstart is financially robust and continuously innovating within the fintech industry.

What recent achievements has Upstart made?

Recent achievements include expanding their product portfolio and forming significant partnerships with leading financial institutions.

Where can I find career opportunities at Upstart?

You can explore career opportunities at Upstart by visiting https://www.upstart.com/careers.

How can I stay updated with Upstart's latest news?

Stay updated by following Upstart's latest news and developments listed on their website and other financial news sources.
Stock UPST logo
Upstart Holdings, Inc.

Nasdaq:UPST

UPST Rankings

#1192 Ranked by Market Cap
N/A Ranked by Dividends

UPST Stock Data

5.72B
79.73M
12.52%
56.23%
22.38%
Credit Services
Finance Services
Link
United States of America
SAN MATEO