Upstart

Nerdwallet, Upstart Lead Earnings Avalanche as FinTech IPO Index Gains 1%
Nerdwallet, Upstart Lead Earnings Avalanche as FinTech IPO Index Gains 1%
February 16, 2023  |  Stock Index

The earnings cavalcade continues. For the FinTech IPO Index, gainers battled declining stocks to a draw.  The overall Index inched up 1.2% through the past...

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Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
February 15, 2023  |  Personal Loans

For less than prime borrowers, personal loans are harder to come by. Recent earnings results from platform lenders show that demand for personals loans is...

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Affirm, Lending Platforms Lead FinTech IPO Index 8% Lower 
Affirm, Lending Platforms Lead FinTech IPO Index 8% Lower 
February 09, 2023  |  IPO

The lenders and platforms led the FinTech IPO Index down in a week, which logged an 8% loss. But for the group, overall, things are...

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Upstart Laying Off 365 Employees as Loan Originations Decline
Upstart Laying Off 365 Employees as Loan Originations Decline
January 31, 2023  |  Personnel

Upstart is laying off 365 employees due to reduced demand for lending. The artificial intelligence (AI) lending platform said in a Tuesday (Jan. 31) filing...

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Affirm, NuBank, Upstart Lead 6.4% Surge in FinTech IPO Index
Affirm, NuBank, Upstart Lead 6.4% Surge in FinTech IPO Index
January 27, 2023  |  Fintech Investments

The FinTech IPO Index has enjoyed a rebound so far, despite the usual volatility. Year to date, the group is up 22%, buoyed by the...

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Upstart Offers Tools to Promote ‘Omnichannel Car Buying’
Upstart Offers Tools to Promote ‘Omnichannel Car Buying’
January 19, 2023  |  Retail

Upstart is updating its auto retail platform to help dealers offer a simpler buying experience. The artificial intelligence (AI) lending marketplace announced the new applications...

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FinTech IPO Index Soars 13% on Paya Deal, BNPL Rally
FinTech IPO Index Soars 13% on Paya Deal, BNPL Rally
January 12, 2023  |  IPO

In a rally that sent all names higher, FinTech IPO Index soared 13.5% through the week. That’s a milestone — the first time it’s happened...

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FinTech Index Cut in Half Amid Year of the ‘Busted IPOs’ 
FinTech Index Cut in Half Amid Year of the ‘Busted IPOs’ 
January 03, 2023  |  IPO

The carnage that hit the FinTech IPO Index last year was nearly absolute. One number says it all, perhaps, at least in shorthand: The Index...

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FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
November 11, 2022  |  Investments

As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does...

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