Lending Platform news and trends

Upstart Personal Loan Originations Grow 83% Year Over Year
Earnings // May 06, 2025

Lending platform Upstart Holdings’ first quarter results saw loan originations nearly double from a year ago, driven in part by automated processes, while management pointed to strong credit metrics among the lending platform’s borrowers. Get the Full Story Complete the form to unlock this article...

Upstart Stock Plunges 34% After Lower-Than-Expected Guidance
artificial intelligence // August 09, 2023

Artificial intelligence (AI) lending platform Upstart saw its stock plummet 34% Wednesday (Aug. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Upstart’s Unsecured Loan Automation Reaches All-Time High
Earnings // August 08, 2023

Artificial intelligence (AI) lending platform Upstart has reached a record percentage of automated unsecured loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Abound CEO Says AI-Driven Lending Still Needs People to Perform
artificial intelligence // March 22, 2023

Traditional consumer credit scoring, which overlooks a large proportion of the population, may have been the norm for years, but Gerald Chappell, CEO and co-founder at U.K.-based open banking startup Abound, says that needs to change. Get the Full Story Complete the form to unlock...

Interviews & Exclusives
Platform Lending Gets a $500 Million Vote of Confidence From Fortress Investment

May 21, 2025
The past few weeks have been a roller coaster for consumers. Inflation is still a fact of life, tariffs have influenced what we buy, and from whom. Earnings season has been marked by a slew of companies pulling guidance, because things are so uncertain. But consumers are keeping a tenuous hold on their spending patterns. […]

Abound CEO Says AI-Driven Lending Still Needs People to Perform

March 22, 2023
Traditional consumer credit scoring, which overlooks a large proportion of the population, may have been the norm for years, but Gerald Chappell, CEO and co-founder at U.K.-based open banking startup...

Quick Reads
Upstart Stock Plunges 34% After Lower-Than-Expected Guidance

August 09, 2023
Artificial intelligence (AI) lending platform Upstart saw its stock plummet 34% Wednesday (Aug. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Upstart’s Unsecured Loan Automation Reaches All-Time High

August 08, 2023
Artificial intelligence (AI) lending platform Upstart has reached a record percentage of automated unsecured loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Walmart Teams With Citigroup on Digital Lending for 10,000 Small Business Vendors

February 28, 2023
Collaborating to improve working capital access for its network of small suppliers, Walmart is teaming with Citi, bringing the Bridge built by Citi lending platform to Walmart’s roughly 10,000 U.S....

Bitcoin Daily: Galaxy Digital Ventures Leads $7.1M Round For Blockchain Intel Firm; London’s Everledger Secures...

September 25, 2019
Flipside Crypto announced that it has raised $7.1 million in a Series Seed Prime financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...