Upstart receives the first No Action letter the CFPB has issued since the policy’s inception, a significant leap forward for the lending industry.
Today we’re pleased to announce that Upstart’s first loan securitization has closed. (Finance nerds, just look for “UPST 2017-1” on your Bloomberg terminal). We’re happy to achieve an investment-grade rating on our senior bonds and pricing that reflects confidence in our credit performance. We’re also pleased to welcome fifteen buyers […]
Jane joins Upstart from Alibaba, where she managed investor relations for the largest IPO in history ($25B).
We’re launching “Powered by Upstart”, a Software-as-a-Service offering derived from Upstart’s top-rated consumer lending platform. From rate requests through servicing and collections, this SaaS service brings modern technology and data science to the entire lending lifecycle.
Upstart raises $32.5M with Rakuten, Third Point Ventures, Khosla Ventures, and First Round Capital. Sanjay Datta joins Upstart as CFO.
All else being equal, the fastest company in any market will win.