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Upstart Holdings ( (UPST) ) just unveiled an update.
On February 18, 2025, Upstart Holdings announced an expansion of its Board of Directors to nine members and appointed Peter Bernard as a Class II director, effective February 19, 2025. Bernard, who has an extensive background in banking and risk management, currently chairs the board of Barclays Bank U.S., and has held prominent roles at firms like Root Capital and D.E. Shaw & Co. His appointment is set to enhance Upstart’s expertise in funding innovation and expansion, aligning with the company’s focus on leveraging AI in lending to make it more affordable, inclusive, and transparent.
More about Upstart Holdings
Upstart (NASDAQ: UPST) is a leading AI lending marketplace that connects millions of consumers to over 100 banks and credit unions, leveraging AI models and cloud applications to offer superior credit products. The platform, founded in 2012, includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar ‘relief’ loans. Upstart is known for its ability to approve more borrowers at lower rates across diverse demographics, providing a digital-first experience with more than 80% of borrowers approved instantly without documentation. The company is headquartered in San Mateo, California, with additional offices in Columbus, Ohio, and Austin, Texas.
YTD Price Performance: 42.91%
Average Trading Volume: 6,170,124
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.14B
Find detailed analytics on UPST stock on TipRanks’ Stock Analysis page.
