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.
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.