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Upstart Announces Inaugural $200M Upstart Auto Forward-Flow Agreement with Wafra
Businesswire· 2026-02-20 13:05
Core Insights - Upstart Holdings, Inc. has announced a forward-flow commitment from Wafra to purchase up to $200 million of assets originated through its auto finance platform [1] Group 1: Company Developments - Upstart is recognized as a leading artificial intelligence lending marketplace [1] - The partnership with Wafra marks Upstart's inaugural auto finance initiative [1] Group 2: Financial Commitment - Wafra, a New York-based global alternative investment manager, will manage the purchase of the assets [1] - The total commitment from Wafra amounts to $200 million [1]