Upstart automates 90% of unsecured loans in Q1

Online
lender
Upstart
automated
90%
of
its
unsecured
loans
in
the
first
quarter
of
2024
as
automation
remained
at
the
forefront
of
efforts
to
streamline
its
loan
application
process. 
Upstart
originated
$1.1
billion
in
personal
loans,
up
17%
year
over
year,
while
home
equity
line
of
credit
(HELOC)
loan
originations
clocked
in
at
$7
million
[…]