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Online lender Upstart automated 90% of its unsecured loans in the first quarter of 2024 as automation remained at the forefront of efforts to streamline its loan application process. Upstart originated $1.1 billion in personal loans, up 17% year over year, while home equity line of credit (HELOC) loan originations clocked in at $7 million […]
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Whitney McDonald
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Vaidik Trivedi
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Artificial intelligence-based lending platform Upstart is adding new digital financing and online sales applications to its auto retail platform to improve loan approval rates and expand credit access. Digital financing gives dealers access to Upstart’s AI-powered financing and allows consumers to visit a dealer’s site for loan approval before stepping into the dealership, Alex Rouse, vice president […]
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Riley Wolfbauer
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