Upstart is an AI lending marketplace that connects consumers with banks and credit unions, using machine learning to make credit decisions. Founded in 2012 and headquartered in San Mateo, California, the company operates in the consumer lending, banking and fintech sectors across the United States.
Its platform analyses more than 3,000 signals per borrower, drawing on alternative data and credit risk modelling to inform lending decisions. The marketplace connects millions of consumers with over 100 banks and credit unions. Beyond the marketplace, Upstart offers personal loans, debt consolidation and auto financing directly to consumers, and provides lender technology partnerships that allow financial institutions to run their lending operations on its AI platform.
Engineering work at Upstart spans artificial intelligence, machine learning, credit risk modelling, alternative data analytics and lending platform technology. Roles in these areas involve building and maintaining the models and systems that underpin underwriting for both the consumer marketplace and partner institutions.
