Upstart is one of the fastest-growing fintech platforms harnessing AI to modernize lending. Empowering financial institutions with smarter insights, the company enhances customer experience, streamlines loan approvals, and drives efficiency. Its technology fosters transparency, trust, and accessibility, setting new standards in the evolving credit landscape.
Upstart’s advanced AI-powered lending marketplace connects consumers with banks and credit unions. Upstart was founded to increase access to affordable credit by using advanced artificial intelligence models and cloud applications to provide faster, fairer, and more accurate lending decisions.
Going beyond traditional credit scores, Upstart leverages alternative data to improve financial inclusion and reduce risk for lenders. By blending technology and finance, it has transformed how credit is evaluated and offered, making borrowing more accessible and efficient. Today, Upstart continues to drive innovation in the lending industry, shaping the future of AI-driven financial services.
| Legal Name | Upstart Holdings, Inc |
| Headquarters | San Mateo, California, United States |
| Business Model | B2B2C |
| Founding Date | April 2012 |
| No. of Employees | Approx 1,193 (As of 2024) |
| Dave Girouard | Founder & Chief Executive Officer |
| Sagar Mehta | Vice President, Engineering |
| Sanjay Datta | Chief Financial Officer |
| Annie Delgado | Chief Compliance Officer |
| Jeff Keltner | Senior Vice President, Business Development |
| Valentin G | General Manager |
| Michael Lock | Senior Vice President, Bank Partnerships |
| James Moorhead | Chief Marketing Officer |
| Dave R | Vice President, Software Engineering |
| Pavi Ramamurthy | Chief Information Security Officer |
Upstart generates revenue through referral fees from lending partners, platform and servicing fees for loan management, and the use of its AI-powered credit decisioning technology. Revenue growth is driven by lending partner adoption and loan origination volume across its platform.
Client Segments: Primarily Banks and Credit Unions; also partners with select Financial Institutions.
Target Companies: Regional Banks, Community Banks, Digital-Forward Banks, and Mid-Sized Financial Institutions seeking AI-driven lending solutions.
Target Geography: Currently focused on the United States market. No verified operations in other regions as of now.