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% increase over the same quarter in 2025. Loan originations came to $4.2 billion, with Upstart originating a record 558,000. During...
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 application submitted in March and marks a key milestone in the company’s efforts to operate a nationally chartered bank, the...
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 banking regulators the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to establish...
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 an earnings call. The company’s originations rose 80% year over year in the third quarter to reach $2.9 billion, according...
June 27, 2025
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 FinTech IPO Index gained 1.4%, buoyed by platforms and partnerships, and announcements that were focused on crypto, too. Expensify, up 10.8%, said this past week that it has expanded international […]
May 30, 2025
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 to the Memorial Day holiday....
May 09, 2025
The earnings season floodgates opened this past week for the FinTech IPO Index, and outsized gains by several names sent the overall index up by 8.1%. Sezzle shares led the...
May 02, 2025
Earnings season is not yet in full swing for the FinTech IPO Index, which gained 2.5% through the week. SoFi was the earnings-related standout, with shares up 1.6%. As PYMNTS...
August 05, 2026
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% increase over the same quarter in 2025. Loan originations came to $4.2 billion, with Upstart originating a record 558,000. During an earnings call, CEO Paul Gu characterized the results as evidence of […]
July 27, 2026
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 application submitted in March and...
March 11, 2026
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 banking regulators the Office of...
November 04, 2025
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 an earnings call. The company’s...