WECU Selects Upstart for Personal Lending
WECU, a Washington-based credit union with over 160,000 members and $2.7 billion in assets, has partnered with Upstart (NASDAQ: UPST) to provide personal loans to members. Through the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet WECU's credit policies will receive tailored offers and transition to a WECU-branded experience. The partnership, which began in December 2023, aims to expand access to fair loans while improving members' financial well-being.
WECU, una cooperativa di credito con sede a Washington con oltre 160.000 membri e 2,7 miliardi di dollari in attivi, ha stretto una partnership con Upstart (NASDAQ: UPST) per fornire prestiti personali ai membri. Attraverso il Network di Riferimento Upstart, i richiedenti di prestiti personali qualificati su Upstart.com che soddisfano le politiche creditizie di WECU riceveranno offerte personalizzate e verranno indirizzati a un'esperienza brandizzata WECU. La partnership, avviata nel dicembre 2023, mira ad ampliare l'accesso a prestiti equi migliorando il benessere finanziario dei membri.
WECU, una cooperativa de crédito con sede en Washington y más de 160,000 miembros y 2.7 mil millones de dólares en activos, se ha asociado con Upstart (NASDAQ: UPST) para ofrecer préstamos personales a los miembros. A través del Network de Referencias de Upstart, los solicitantes de préstamos personales calificados en Upstart.com que cumplan con las políticas crediticias de WECU recibirán ofertas personalizadas y pasarán a una experiencia de marca WECU. La asociación, que comenzó en diciembre de 2023, tiene como objetivo ampliar el acceso a préstamos justos mientras mejora el bienestar financiero de los miembros.
WECU는 워싱턴에 본사를 두고 있으며, 16만 명 이상의 회원과 27억 달러의 자산을 보유한 신용 협동조합으로, Upstart (NASDAQ: UPST)와 제휴하여 회원들에게 개인 대출을 제공하고 있습니다. Upstart 추천 네트워크를 통해 WECU의 신용 정책을 충족하는 Upstart.com의 적격한 개인 대출 신청자는 맞춤형 제안을 받고 WECU 브랜드 경험으로 전환될 것입니다. 2023년 12월에 시작된 이 파트너십은 공정한 대출에 대한 접근을 확대하고 회원들의 재정적 웰빙을 향상시키는 것을 목표로 하고 있습니다.
WECU, une coopérative de crédit basée à Washington avec plus de 160 000 membres et 2,7 milliards de dollars d'actifs, s'est associée à Upstart (NASDAQ: UPST) pour offrir des prêts personnels aux membres. Grâce au Réseau de Référence Upstart, les demandeurs de prêts personnels qualifiés sur Upstart.com qui répondent aux politiques de crédit de WECU recevront des offres personnalisées et passeront à une expérience de marque WECU. Ce partenariat, qui a débuté en décembre 2023, vise à élargir l'accès à des prêts équitables tout en améliorant le bien-être financier des membres.
WECU, eine Kreditgenossenschaft mit Sitz in Washington, die über 160.000 Mitglieder und 2,7 Milliarden Dollar an Vermögenswerten verfügt, hat sich mit Upstart (NASDAQ: UPST) zusammengetan, um persönlichen Darlehen für Mitglieder anzubieten. Über das Upstart Empfehlungsnetzwerk erhalten qualifizierte Antragsteller für persönliche Darlehen auf Upstart.com, die die Kreditrichtlinien von WECU erfüllen, maßgeschneiderte Angebote und wechseln zu einer WECU-markierten Erfahrung. Die Partnerschaft, die im Dezember 2023 begann, zielt darauf ab, den Zugang zu fairen Darlehen zu erweitern und das finanzielle Wohlbefinden der Mitglieder zu verbessern.
- Partnership with WECU expands Upstart's lending network reach in Washington State
- Access to WECU's 160,000 members and $2.7 billion asset base
- Integration of Upstart's AI lending marketplace with WECU's credit policies
- None.
Insights
This partnership marks a strategic expansion for Upstart's lending marketplace, adding WECU's
“At WECU, we believe that lives can be transformed through smart, responsible lending practices. That’s why we’re thrilled to partner with Upstart,” said Matt Berendsen, VP of Lending at WECU. “By partnering with Upstart, we are expanding access to fair and accessible loans that align with our mission of improving the financial well-being of our members and our community.”
WECU started lending as a partner on the Upstart Referral Network in December 2023. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet WECU’s credit policies will receive tailored offers as they seamlessly transition into a WECU-branded experience to complete the online member application and closing process.
“We are proud to have WECU in the family of Upstart lending partners,” said Michael Lock, Senior Vice President of Lending Partnerships at Upstart. “In partnership with Upstart, WECU is able to extend its reach beyond its direct members, helping more
To learn more about Upstart for Credit Unions and the Upstart Referral Network, please watch this video.
About Upstart
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
About WECU
WECU is a member-owned, not-for-profit credit union headquartered in
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Press Contact
press@upstart.com
Source: Upstart
FAQ
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