Upstart Holdings, Inc. (UPST)

Upstart Holdings, Inc. is a financial technology company that leverages artificial intelligence and machine learning to enhance consumer lending services. Founded in 2012 by ex-Google employees Dave Girouard, Anna Counselman, and Paul Gu, the company aims to improve access to credit while reducing the risks and costs for lending partners. Dave Girouard serves as the CEO. Upstart partners with banks and credit unions, offering a platform that evaluates creditworthiness by considering more than traditional metrics like FICO scores, thus opening avenues for more applicants to qualify for loans. Headquartered in San Mateo, California, the company went public in December 2020. Upstart has been recognized for its innovative approach to disrupting conventional lending practices, making credit more accessible through technology.