Upstart Originates $1.38 Billion in Loans for September
Upstart Holdings originated $1.38 billion in loans during September, marking a 2.7% increase from the previous month and bringing total third-quarter originations to $4.12 billion. The company noted that loan origination activity accelerated toward the end of the quarter. The performance reflects continued demand for Upstart's AI-driven lending platform despite broader economic uncertainties. With 25.95 origination days in September, the growth highlights resilience and operational efficiency within its business model.
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