NasdaqGS:UPSTConsumer Finance
Upstart Holdings (UPST): Assessing Valuation After ABNB Partnership and $600 Million Capital Raise
If you’ve been watching Upstart Holdings (UPST) lately, you already know the stock is on the move, and for good reason. The company just inked a significant partnership with ABNB Federal Credit Union, expanding its distribution of personal loans on the Upstart Referral Network and potentially boosting origination volumes. Add in a newly completed $600 million convertible note offering, and it is clear Upstart is taking steps to strengthen both its balance sheet and growth prospects. For...