Upstart, Like Its Customers, Remains Focused on Return to Growth

If you are in the business of providing loans, there will always be a demand for your product. As for the customers that need to be served, the total addressable market (TAM) for annual loan originations is a whopping $3 trillion.Artificial intelligence (AI)-powered lending platform Upstart has originated $38 billion in loans across its 3 million customers — leaving lots of room to grow. That’s why, on Tuesday’s (May 7) first quarter 2024 earnings call, Upstart executives stressed to investors that the comp ...