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Upstart auto originations down 71% 

Automation of auto and personal loans reached 90% 

Amanda Harris, Whitney McDonald, Vaidik Trivedi

AI-driven lending platform Upstart’s auto originations fell in the first quarter as the financier focused on profitability, better credit quality and automation.  Upstart originated $13 million in auto loans in Q1, flat with Q4 2023 volume and down 71.1% year over year, according to the company’s May 7 earnings presentation.. The number of auto finance […]

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