Marketplace lending is a team sport, and we’re excited to announce a new member of the Upstart team. Jamie Ramenofsky joins us this week to lead our capital markets and institutional investor initiatives.
Author: Dave Girouard
The first Upstart loan was originated just over a year ago, and 8,920 loans later, we’re thrilled to announce that we’ve raised $35 million to help further our mission.
We’re committed to providing fairly priced loans to quality borrowers who aren’t well-served by traditional lenders. Since launching loans less than a year ago, we’ve originated more than 5,000 loans totaling $70M, including more than $14M in March alone!
As of today, borrowers on Upstart who accept their loan by 5PM ET will receive their funds the next day*. We’ve accomplished this by automating all investing on Upstart, so that all approved loans fund virtually instantly.
CEO Dave Girouard shares his insights on how both startups and larger companies think about the hiring and negotiating process.
Rather than tell you what type of person you should hire, this article will focus on the tactics that can help you hire those people more effectively.