Upstart
by the numbers

Upstart technology helps banks and credit unions reach more customers & make better decisions.

101%

more approvals¹

38%

lower rates¹

1600+

data points, not just your credit score

¹ As of publication in June 2024, and based on a comparison between the Upstart model and a hypothetical traditional model using Upstart data from Jan – Dec 2023. For more information on the methodology behind this study, please see Upstart’s Annual Access to Credit results here.

² As of 09/30/2024.

³ Based on loans originated on the Upstart platform from January 2017 to September 2024. LMI categorization is based on comparing median income in customers ZIP code vs median income within the MSA of that ZIP code.

0 +

customers served²

% of Upstart-Powered Loans to LMI Communities³

28.6%

Compared to dv01’s Unsecured Industry Benchmark⁴, Upstart offers:

156%more loans

to borrowers with income <$50k

2.5-5%lower rates

to borrowers with FICO scores <660

Upstart bank & credit union partners have originated

$40.5B+²

91%

of Upstart powered loans are fully automated⁵

⁴ In an internal study, Upstart compared data on loans facilitated through the Upstart platform to data on loans originated by other consumer lenders in DV01’s Consumer Unsecured Benchmark group. The study considered loans originated during the period from Q2 2022 to Q2 2024.

⁵ In Q3 2024. Fully Automated metric is calculated on a quarterly basis. Fully automated loans are defined as loans originated end-to-end (from initial rate request to final funding) with no human involvement by Upstart.

Upstart by the numbers