Upstart

Upstart lays off 7% staff amid weakening demand for loans

Lending giant Upstart has laid off about 140 employees — or 7% of its total workforce — who help process loan applications, sources told TechCrunch. The cloud-based AI lending platform notified it

Tala grabs $145M to offer more financial services in emerging markets

Tala, an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. Upstart, a company founded by ex-Goo

AI fintech products are operating at scale and investor interest is maturing

Per a new dataset I spent this morning chewing on, VCs are firing cannons of capital into the AI startup world while exits reach new records.

Upstart and Wish price their debuts as the 2020 IPO cycle slows

If the pattern of more relaxed debuts continues, this could be its start.

The IPO market looks hot as Airbnb and C3.ai raise price targets

So much for a December slowdown — this morning, Airbnb and C3.ai raised their IPO price ranges and we got early pricing information from Upstart and Wish.

Daily Crunch: DOJ files suit to stop Plaid acquisition

The DOJ challenges Visa’s acquisition of a fintech startup, Apple releases the latest version of iOS and goPuff acquires an iconic alcohol retailer. This is your Daily Crunch for November 5, 202

Inside fintech startup Upstart’s IPO filing

While the world awaits the Airbnb IPO filing that could come as early as next week, Upstart dropped its own S-1 filing. The fintech startup facilitates loans between consumers and partner banks, an op

Mitzvah-minded unicorn Cross River is on holy mission to foster bank-fintech harmony

“Then I took your ancestor Abraham from the other side of the Euphrates River and led him through the entire land of Canaan. I multiplied his descendants, and gave him his son Isaac.” That’s a p

CommonBond now offers direct student loans alongside debt refinancing

CommonBond, one of the biggest of the second generation of startups tackling online lending, has launched a direct student loan product as it expands its footprint in the debt business. The company is

Millennial lender Upstart just raised $32.5 million to license its tech to other companies

Upstart, a nearly five-year-old online lending company that prides itself on quickly identifying people who are less likely to default on money leant them, has raised $32.5 million in fresh fundin

How startups are trying to fix consumer debt

Consumer debt remains one of the biggest challenges with the American economy. The average household has $130,922 in debt, and debt interest payments represent 9 percent of the average household incom

Startup Financial Services Companies Come Of Age

With one eye on businesses <a target="_blank" href="http://www.inc.com/magazine/201211/burt-helm/hard-lessons-in-modern-lending.html">abandoned in the wake of the financial crisis</a> and the other o

Upstart, A Site For Crowdfunding People, Raises $5.9M From First Round, Eric Schmidt, And Others

A year ago, Dave Girouard left his position as the president of Google Enterprise to start a new company, <a target="_blank" href="http://www.upstart.com">Upstart</a>, that allows users (mostly recent

Former Google Executive Dave Girouard Launches Crowdfunding Service Upstart, Raises $1.75M

Dave Girouard, the former president of Google Enterprise, has struck out on his own with a new startup called <a target="_blank" href="http://www.upstart.com">Upstart</a>, which offers crowdfunding an