Upstart Expands AI-Powered Vehicle Financing Nationwide
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart (NASDAQ: UPST), the leading AI lending marketplace, today announced it will expand its auto retail financing capability nationwide to reach 90% of consumers in the U.S. by the end of the first quarter 2024, up from 70% in the third quarter last year.1 With interest rates at 20-year highs, consumers are struggling to find financing options that allow them to purchase a car affordably. The national availability of Upstart-powered auto loans will enable dealers to a ...