Upstart: Expensive Fintech Play

Upstart (NASDAQ: UPST ) reported better-than-expected results for its fourth fiscal quarter last week due to an upsurge in the company’s fee revenue and an improving lending environment, leading to a higher conversion rate on the AI-supported lending platform. Upstart alsoAnalyst’s Disclosure: I/we have a beneficial long position in the shares of SOFI, PYPL, XYZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving co ...