Founded in 2012 by former Google executives, Upstart Holdings, Inc. is a financial technology company that provides a cloud-based AI lending platform to banks and credit unions. The company's mission is to enable effortless credit based on true risk. Its platform uses non-traditional variables, such as education and employment, alongside traditional metrics like FICO scores to predict a borrower's creditworthiness. This approach aims to provide higher approval rates and lower interest rates for consumers, while reducing risk and fraud for its partner banking institutions.

Founded in

United States