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.

We often hear complaints about how confusing traditional lenders and credit card companies make their bills and balance statements. We want to change that.

The first Upstart loan was originated just over a year ago, and 8,920 loans later, we’re thrilled to announce that we’ve raised $35 million to help further our mission.

We’re committed to providing fairly priced loans to quality borrowers who aren’t well-served by traditional lenders. Since launching loans less than a year ago, we’ve originated more than 5,000 loans totaling $70M, including more than $14M in March alone!

Today, we’re excited to announce our partnership with Victory Park Capital (VPC), who will invest $100M in Upstart loans over the next two years. The firm began purchasing loans on Upstart earlier this month.

Today, we’re happy to announce that Ranger Capital Group will begin to invest in Upstart loans this month.

One challenge every company faces is how to set goals and measure success.