Core Viewpoint - A BTIG analyst projects a 55% increase in Upstart's stock value, attributing this potential upside to the company's strategy of acquiring a banking charter, which may mitigate its exposure to private credit risks [1] Company Summary - Upstart is pursuing a banking charter, which is expected to lower its risk profile associated with private credit [1]

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Digital payments processor Checkout.com has submitted its application for a banking charter to the Georgia Department of Banking and Finance, the company said Friday. The U.K.-based firm is seeking Georgia’s merchant acquirer limited purpose bank charter to facilitate its U.S. expansion and gain direct access to the payment networks of behemoths Visa ...