Upstart News & Insights

Upstart Receives First No-Action Letter Issued by Consumer Financial Protection Bureau

Upstart receives the first No Action letter the CFPB has issued since the policy’s inception, a significant leap forward for the lending industry.

Introducing the first SaaS lending platform

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

Upstart raises $32.5M with Rakuten, Third Point Ventures, Khosla Ventures, and First Round Capital. Sanjay Datta joins Upstart as CFO.

Speed as a Habit

All else being equal, the fastest company in any market will win.

New Dashboard Update for Investors

Upstart has responded to feedback and is striving to continuously improve the investor experience by updating features on the Investor Dashboard.

Upstart’s Marketplace Lending Credit Performance

Contrary to concerns about marketplace lending credit performance, Upstart has seen low loss rates across all loan grades and no performance degradation.

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