Upstart Announces $1.5B Forward-Flow Agreement with Castlelake

Core Insights - Upstart, an AI lending marketplace, has secured a forward-flow commitment from Castlelake, a global alternative investment firm, to purchase up to $1.5 billion in consumer loans [1] Company Summary - Upstart has entered into a new 12-month forward flow arrangement with Castlelake for the purchase of consumer loans originated through its platform [1]