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IPO of AI Lending Firm Upstart Soars 47% marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
Share: AirBnB Inc (NASDAQ: ABNB) and DoorDash Inc (NYSE: DASH) last week, the week of December 13 takes a slight breather with only three IPOs scheduled and one potential blockbuster. Upstart Holdings: Cloud-based lending company Upstart Holdings Inc (NASDAQ: UPST) plans to sell 12 million shares at a price point of $20 to $22. Over 620,000 loans have been transacted on the company s platform, which brings AI into the personal loan business. The company claims its platform provides a 75% reduction in loss rates and a 10-fold increase in conversion rates. In June, the company entered the auto lending market. This positions Upstart as a potential competitor or partner to ....
Upstart Expands Second Headquarters in Columbus, Ohio areadevelopment.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from areadevelopment.com Daily Mail and Mail on Sunday newspapers.