Deep Dive: Upstart Holdings
Listen On: Spotify Apple Podcasts What do they do? Upstart is trying to disrupt the credit score and give people loans based on “true” risk. They work with banks and consumers to get people loans at better interest rates, and get people to banks that default less. History? Was founded in 2012 by three people: Dave Girouard, Paul Gu, and Anna Counselman. They went public in December of 2020. Industry? There are $3.6 trillion in consumer loans that originated each year. SoFi, c