Earlier this year, we announced an initiative to bring the industry’s first Software as a Service (SaaS) lending platform to market, which we call “Powered by Upstart”. Now we’re excited to announce that BankMobile is the first bank to launch their personal loan program on the Upstart platform. Beginning today, […]
Upstart receives the first No Action letter the CFPB has issued since the policy’s inception, a significant leap forward for the lending industry.
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.
Contrary to concerns about marketplace lending credit performance, Upstart has seen low loss rates across all loan grades and no performance degradation.
The transparency to pick a school and a major that will likely lead to a job where one can flex his creative thinking in meetings and have the luxury of pursuing the arts in his free time — now that sounds like a good deal.