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Upstart rakes in $194 million in quarterly revenue

Online lending platform eyes growth in AI-driven lending for automobiles

Jaspreet Kalra

AI-powered online lending platform Upstart earned $194 million in quarterly revenue denoting a growth of 60% on a quarterly basis, according to the firm’s earnings report released Tuesday. The Upstart Referral Network uses AI to helps match loan applicants with banks and credit unions, and has been deployed by financial institutions like the $9.9 billion Cross River Bank, First […]

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