Upstart Holdings, Inc. (UPST), an artificial intelligence lending marketplace, Tuesday announced a forward flow agreement worth up to $1 billion of consumer loans originating from the company's platform, with Eltura Capital Management, an alternative investment manager, Aperture Investors, an alternative asset manager of Generali Investments, and co-investors.
The agreement consists of a 12-month forward flow arrangement and builds on an existing relationship between the parties, representing the first forward-flow arrangement of this scale between Upstart and the investor group, the AI lending firm said in a statement.
In pre-market activity, UPST shares were trading at $28.48, up 2.48% on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
September 04, 2026 15:08 ET The job report and foreign trade data were the main economic news from the U.S. in the first week of September. Elsewhere in North America, the Canadian central bank announced its latest policy decision. Inflation data from Eurozone was the highlight in Europe. The latest interest rate decision by the Reserve Bank of New Zealand drew attention in Asia.