Upstart $1.2B Loan Deal Boosts Shares 4%

Upstart Holdings shares rose 4% after announcing a 24‑month forward‑flow loan purchase agreement with Centerbridge.
Centerbridge will buy up to $1.2 billion of consumer loans originated on Upstart’s AI‑driven platform over the term.
The deal follows an initial 2024 transaction and expands Upstart’s funding capabilities for faster, smarter credit solutions.
Sanjay Datta and Aaron Fink highlighted the partnership’s confidence and scalable capital deployment for both firms.