Upstart Holdings

UPST · NASDAQ

$23.65+$0.40 (+1.72%)TodayMarket closed ·
Prev close $23.25

About UPST

Upstart Holdings, Inc. engages in the provision of a cloud-based artificial intelligence lending platform. The company is headquartered in San Mateo, California and currently employs 1,405 full-time employees. The company went IPO on 2020-12-16. The Company’s platform includes personal loans, automotive retail and refinance loans, home equity lines of credit (HELOCs), and small dollar loans. The company applies artificial intelligence models and cloud applications to the process of underwriting consumer credit. Its AI marketplace connects consumers with its lending partner. Its consumers can access Upstart-powered loans via Upstart.com, through a lender-branded product on its lending partners’ own websites, and through auto dealerships that use its Upstart Auto Retail software. Its platform enables lenders provide a product their customers want, rather than letting customers seek loans from competitors. Its cloud-based software platform incorporates technologies and software development approaches to allow for development of new features, such as cloud-native technologies, data integrity and security, and configurable multi-tenant architecture, and others.

Employees
1,405
Headquarters
San Mateo, California
Listed
Dec 16, 2020
Sector
Financials
Industry
Consumer Finance

Leadership

Upstart Holdings executives
NameTitleSince
Dave Girouard—2012
Paul Gu—2012
Sanjay Datta——
Scott Darling——
Kerry Cooper——
Peter Bernard——
Mary Hentges——
Jeffrey Huber——
Ciaran O'kelly——
Hilliard Terry——

Revenue by product and region

Fiscal year ended Dec 31, 2022: $907.27M total revenue

By product

  • Platform and referral fees, net$732.24M80.7%
  • Servicing and other fees, net$175.03M19.3%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Upstart Holdings suppliers and customers
CompanyRelationshipCorrelation
WSFS Financial WSFSCustomer0.46
Amazon.com AMZNSupplier0.38
First Finl Bancorp /OH FFBCCustomer0.22
Associated Banc ASBCustomer0.02
Customers Bancorp CUBICustomer-0.05
OFG Bancorp OFGCustomer-0.15
Berkshire Hills Bancorp BHLBCustomer-0.26
First Natl of Nebraska FINNCustomer-0.29
Cross River BankCustomer—
Drummond Banking CompanyCustomer—

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