Eltura Enters into a $1.2 Billion Forward Flow in a Second Year Transaction to Purchase Consumer Installment Loans Originated on Upstart's Platform
Upstart(UPST) Prnewswire·2024-06-24 16:00
"Eltura has been a wonderful partner to Upstart, and we're excited to extend and deepen our relationship in this new phase of our agreement," said Sanjay Datta, CFO at Upstart. NEW YORK, June 24, 2024 /PRNewswire/ -- Eltura Capital Management, LLC ("Eltura"), an alternative asset manager investing in structured credit opportunities, today announced that it has entered into a second-year transaction as part of the 2023 multi-year agreement to purchase consumer installment loans from Upstart (NASDAQ: UPST), a ...