Assessing Valuation After New Credit Union Partnership and $600M Capital Raise

Assessing Valuation After New Credit Union Partnership and $600M Capital Raise

Upstart Holdings (UPST) just grabbed headlines with a two-part announcement that could reshape the company’s growth trajectory. First, ABNB Federal Credit Union revealed it has partnered with Upstart to offer personal loans, leveraging the company’s AI-powered lending platform. In addition, Upstart successfully completed a substantial $600 million convertible notes offering, adding new capital to fuel…

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