Hi,
As seen on Twitter, the About section on the Upstart website has an update for Q1 2022 on the chart that shows the % of Upstart loans that are fully automated.
https://www.upstart.com/i/about → scroll down about 2/3 of the way
In Q1 2022, Upstart achieved 74% of loans being fully automated, highest ever total (71% was the previous high).
It was at 71% from Q4 '20 to Q2 '21, before dipping to 67% in Q3 '21 and then 70% in Q4 '21. If we all recall, Q3 results was the one that was impacted by fraudulent loan requests, which might explain the dip to 67%. Well, up to 74% now, that tells me fraud was probably not an issue in this most recent quarter and further progress has been made on automating the loan requests.
Thanks,
akhenaton