#ai-driven-lending

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Business
from24/7 Wall St.
6 days ago

Upstart Holdings Down 6% in After Hours Following Q3 Earnings Miss

Upstart posted strong revenue and loan origination growth but missed Q3 estimates and showed negative operating and free cash flow despite GAAP profitability.
fromTearsheet
2 weeks ago

How Upstart's AI is mastering growth, credit performance, and profitability - Tearsheet

Today I'm joined by Paul Gu, co-founder and Chief Technology Officer of Upstart. Paul's journey reads like a modern Silicon Valley story-from Chinese immigrant to Yale dropout, he became part of the inaugural class of Thiel Fellows before co-founding Upstart in 2012. Under his leadership, Upstart has gone from zero model training data points in 2013 to processing 91 million data points today. Their AI predicts both default and prepayment likelihood for every month of a loan's term.
Startup companies
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