Upstart

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 👇🧵

Sanjay discusses all of this and more here: event.webcasts.com/viewer/event.j…

In credit, the important AI training data doesn’t exist until you create it. As our CFO Sanjay Datta shared at the Morgan Stanley TMT Conference: “Whoever’s first, whoever’s generating that training data…there is a bit of a first mover advantage in taking AI into these spaces.” Upstart has spent years learning from data and refining our foundational models to see the outcomes the traditional system misses. These years of expertise enable us to responsibly enter new markets and serve more people.

"We're here to radically reduce the cost and complexity of credit for all Americans. And when we started the business many years ago, that started out just in unsecured personal loans. Over the years that's expanded into auto loans, home loans, and really ultimately will be in every major category of credit that matters to any American consumer." Upstart CEO @paulxgu sat down with @HenryInvests to discuss Upstart's AI-powered lending models, the expansion into auto and home credit, and why the best days of the business are still ahead. Check out the full convo 👇

We’ll partner with Wafra (a global alternative investment manager with ~$29B in assets under management) on our inaugural auto finance forward-flow program. Details in the press release here 👉 bit.ly/3MVRaVv

Our partnership with Bayview Asset Management (a global alternative investment firm with ~$39B in assets under management) demonstrates growing interest to invest in Upstart’s auto platforms, with purchases in Q4 of last year and Q1 of this year. Get the full press release here 👉 bit.ly/4cDhEFB

We have a simple goal with Upstart Auto: get borrowers the best rates and the best process for their auto financing needs. And today, we announced two key partnerships that show the market is aligned with that mission - Bayview Asset Management and Wafra 🎉

Today we’re excited to introduce Cash Line, Upstart’s next step toward always-on credit for every American. Cash Line is a breakthrough revolving line of credit designed to give consumers reliable, ongoing access to money when they need it most. Launching this spring 👉 bwnews.pr/4c02OZE

Last week I shared the following email with Upstarters. The next phase of @upstart will be incredible! 💙

📺 Upstart CEO @davegirouard spoke with @YahooFinance about the latest $UPST Q4 and FY2025 results - and the future of Upstart: “We have a very foundational view that AI is going to be central to the future of credit and lending and we are in really, we think, the pole position in terms of helping to drive that change.” 🔗 Full interview here: finance.yahoo.com/video/upstart-…

Upstart’s leadership evolution will establish a founder-led company for decades to come

$UPST for a full version of our earnings deck and financial results please see our Investor Relations site ▶️ ir.upstart.com

We accelerated growth of new products, while simultaneously reducing our balance sheet

$UPST Q4 and FY 2025 results are in—record revenue and rising demand across every lending product. Highlights below 👇