Upstart

Founded by ex-Googlers, Upstart is an online lending platform that goes beyond the FICO score to finance people based on signals of their potential, including schools attended, area of study, academic performance, and work history. Their proprietary underwriting model identifies high-quality borrowers despite limited credit and employment experience.

 

upstart.com

    Mike Agarwal, Head of Banking Partnerships at @Upstart. Upstart, founded by an ex-Google founding team, is the first white-labeled, lending-as-a-service platform to utilize #AI and machine learning through the entire loan process. #InOHvate Retweeted by Upstart

    Great @PwC report on bank innovation features @Upstart: "The use of outside alternative data is proving to expand the addressable market [for lending], and this can be done in a risk-controlled manner...buff.ly/2Mq2ogQ

    $2B in @upstart loans! Loss rates about half of our peers. More than half our loans 100% automated. 👏📈🔥 upstart.com/about. Retweeted by Upstart

    Excellent interview with @Upstart's co-Founder Anna Counselman: “We’re leveraging...technology to separate the good credit risks from the bad credit risks and that allows us to lower the price of credit for everyone." @amongayt buff.ly/2LdGtIh

    Twitter Media

    We are delighted to be named the Best Consumer Lending Platform by @FinTech_Awards! twitter.com/FinTech_Awards…

    "We've found that FICO is not actually as predictive as most people think. There are people with FICOs in the 800s who will default...and there are people with FICOs in the 500s who are actually very creditworthy." @davegirouard talking to @GoLendEDU bit.ly/2HnVUQI

    Hey, it's @Upstart's birthday! Celebrating SIX awesome years with our fantastic founders and team! @davegirouard @paulxgu @amongayt

    Twitter Media
    Twitter Media

    #snowday podcast: @jungofthewon, Head of Growth at @Upstart, speaks with us about #lending, #womeninfintech, and #diversity in tech. Take a listen here: medium.com/wharton-fintec… Retweeted by Upstart

    Our CEO @davegirouard explains to @Bloomberg how @Upstart expands access to credit: “A lot of improvement can be made in credit decisioning…a much higher percentage of Americans are creditworthy" than is recognized by most lenders. bloomberg.com/news/videos/20…

    The women of @Upstart had a fantastic morning discussing innovation and women/girls leadership @branksomehall twitter.com/branksomehall/…

    Thrilled that @upstart is one of Forbes Fintech 50 for 2018! forbes.com/sites/janetnov…

    Excellent piece by @vijaypande on why AI “black box” technology is actually more transparent/understandable than human decision-making — it’s “a feature, not a bug.” nytimes.com/2018/01/25/opi…

    .@BankMobile's first fintech partnership with @Upstart is a huge win not only because it’s the first partnership, but it also introduces our expansion into the credit space where we have big plans to grow. (via @AmerBanker) bit.ly/2CjLevP Retweeted by Upstart

    “[Upstart's] been able to prove they’re able to get better pricing and able to anticipate defaults better than those that are just using a traditional FICO score to evaluate credit.” americanbanker.com/news/bankmobil…

    Our first SaaS partner is LIVE! We are thrilled to announce BankMobile is the first bank to launch their personal loan program on the Upstart platform! blog.upstart.com/powered-by-ups…

    Proud that @upstart was just named one of the 100 most promising private AI companies in the world! cbinsights.com/research-ai-100

    This is significant b/c Alpha Zero 1) learned FAST 2) was able to generalize --AI made for Go figured out how to dominate in 2 other games) and 3) was built without human help goo.gl/F8FNRu