Upstart

Keep an eye out for $UPST Q1 earnings tomorrow, May 5. Tune in at 1:30pm PT / 4:30pm ET.

Watch below as @davegirouard and @AnnBerry_NYC at @brewmarkets talk about the CEO transition with @paulxgu stepping into the CEO seat and all things Upstart. youtube.com/watch?v=R8nG0m…

🔗 Get the full press release here: ir.upstart.com/news-releases/…

Today, we announced a new forward-flow commitment with Fortress Investment Group. This follows our initial forward-flow transaction with Fortress last year, and we're excited to expand our partnership even further.

Our incoming CEO @paulxgu sat down with @FortuneMagazine to discuss the future of credit, AI, and his vision for Upstart. Paul shared: "I want one of the answers to that question—how can AI make people’s lives better?—to be: ‘It made me dramatically richer in a direct way, because it radically improved my ability to get low-price credit.’"

Today, we're excited to announce a new, multi-year forward-flow commitment with Centerbridge Partners, L.P. From Upstart's Sanjay Datta: “This partnership broadens our funding capabilities and enables Upstart to sustainably and resiliently deliver smarter, faster credit solutions across the lending ecosystem.” 🔗 Get the full press release here: bit.ly/3OFbxXY

Today we’re excited to officially launch Cash Line, Upstart’s next step toward always-on credit for every American. Cash Line is a revolving line of credit designed to give consumers reliable, ongoing access to money when they need it most - with transparency, flexibility, and simplicity at its core. With Cash Line, you get: 👉 A credit limit that only goes up, never down 👉 A minimum of $200 once approved 👉 Instant deposits at no extra cost Download the Upstart iOS app to access Cash Line today: apple.co/3QmE19h

Today, we’re excited to share that DuPage Credit Union has joined our family of lending partners. From Ed Walters, Vice President of Lending Partnerships at Upstart: “Through its partnership with Upstart, DuPage Credit Union can reach more qualified borrowers, grow personal loan volume, and introduce new members to the Credit Union through a seamless digital experience.” 🔗 Full press release here: ir.upstart.com/news-releases/…

Stay up to date on the latest here: whattheai.fm

AI is the core engine behind how we radically reduce the cost and complexity of credit. Keeping up with AI can be challenging, with new developments happening every day in your workplace, your headlines, and the products you use. That's why we created "What the AI?!" — a podcast where Upstart's Annie Delgado and industry veteran @jkeltner break down the latest AI developments and what they actually mean for business and finance.

Our mission at Upstart is to radically reduce the cost and complexity of credit. But what does that actually mean? @paulxgu recently shared what the end goal looks like for us ⬇️

We’re proud to introduce the next evolution of the Upstart brand. This refresh reflects more than a new design system. It reflects a renewed commitment to our mission: radically reducing the cost and complexity of borrowing for all Americans.
 From our visual identity to the way we express our products and purpose, every part of the new brand is designed to make borrowing more supportive, more human, and more empowering. Because borrowing isn’t just about cash—it’s about money for the moments that matter.

Get the full press release here ➡️ ir.upstart.com/news-releases/…

From Upstart’s Sanjay Datta: “This agreement is a step forward in ensuring a robust and diverse funding ecosystem for Upstart’s loans. It’s a win for our platform, our partners, and the borrowers we serve.”

Today, we announced a new forward-flow commitment with Eltura Capital Management and Aperture Investors, deepening our existing relationship with Eltura and welcoming Aperture as a new partner.

The proposed Chief Executive Officer of Upstart Bank, Annie Delgado shares more about why, and how, this is happening on the blog: upstart.com/news/upstart-b…

In practical terms, that means replacing 248 separate state licenses with one streamlined framework designed for national scale to meet the needs of more consumers and lending partners.

Yesterday, we officially began the journey to open Upstart Bank 🙌 This is the next chapter in our mission to be the most radically pro consumer finance company. Here’s what it means 👇🧵