Upstart Holdings, Inc. (NASDAQ:UPST) is highlighted as one of the “Stocks That Could Mint Millionaires in 2026.” The fintech firm, founded in 2012, has originated about $48 billion in loans and partners with over 100 banks and credit unions. They use artificial intelligence to assess credit risk and reduce defaults.
In early November, Upstart announced a new 12-month forward-flow agreement with Castlelake, where the latter will purchase up to $1.5 billion in consumer loans from the Upstart platform. This is the third deal between the two companies, following earlier agreements of $4 billion and $1.2 billion in consumer loans.
Upstart Holdings, Inc. (NASDAQ:UPST) operates a cloud-based artificial intelligence (AI) lending platform in the United States. While UPST shows investment potential, there may be other AI stocks with greater upside potential and less downside risk. For more information on an undervalued AI stock, check out the free report on the best short-term AI stock.
No promotional or marketing content mentioned in the article.
Read more at Yahoo Finance: Firm Announces New Castlelake Deal
