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Apple Bank Launches Personal Loans Powered By Upstart By Staff 1 month ago SAN MATEO, Calif.–(BUSINESS WIRE)–Apple Bank today announced the launch of “Personal Loans by Apple Bank,” its digital unsecured personal loan product, powered by Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform. “Through our partnership with Upstart, Apple Bank will now offer unsecured consumer loans in our marketplace to better serve the New York community and our customers,” said Jim Matera, Executive Vice President and Chief Retail Banking Officer of Apple Bank. “We selected Upstart because of the dynamic nature of the AI underwriting model that allows us to approve credit-worthy applicants at competitive rates. Thanks to Upstart, we are able to provide our customers a digital-first consumer lending product as yet another step in the Bank’s digital transformation.”

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