The latest wave of bank charter activity is producing institutions that may share a federal regulator while bearing little resemblance to one another. Revolut wants...
Digital lender Upstart saw loan originations jump 50% as it prepares to launch its bank. The company reported earnings Tuesday (Aug. 5) showing revenues of $365 million, a 42%...
Lending marketplace Upstart has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a bank called Upstart Bank, N.A. The conditional approval follows Upstart’s...
Digital lender Upstart has become the latest U.S. FinTech seeking a banking charter. The company announced Tuesday (March 10) that it had applied to federal...
Artificial intelligence (AI) lending marketplace Upstart saw growing consumer demand and steady consumer credit strength in the third quarter, executives said Tuesday (Nov. 4) during...
Triple-digit gains across key business segments — as measured in loan originations and revenues — were not enough to stave off a 7% drop in...
June’s winding to its last few days of trading. Earnings season will begin in earnest in the next few weeks. Through the past week, the...
The past few days to be volatile ones in the FinTech IPO realm, as our Index slipped 0.4% in a week that was truncated due...