Upstart to invest in auto finance channel in 2022

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Artificial intelligence (AI)-based lending platform Upstart expects to facilitate $1.5 billion in auto loans on its platform in 2022 on the heels of accelerated growth in 2021. Upstart’s bank partners originated 495,205 auto and personal loans totaling $4.1 billion on the platform in Q4 2021, a year-over-year increase of 301%, according to the company’s earnings […]





Source : AutoFinanceNews