I really like how they are improving financial health and well-being, lending has been seen as the opposite in most cases. If credit unions are stating this and Upstart is helping them to deliver, I see a big runway ahead. Long UPST
https://www.businesswire.com/news/home/20210825005286/en/
Upstart (NASDAQ:UPST), a leading artificial intelligence (AI) lending platform, today announced Patelco Credit Union, a member-owned, not-for-profit credit union serving Northern California, has partnered with Upstart to offer AI-powered personal loans to more people.
Quote from Richard Wada, Chief Lending Officer, Patelco Credit Union (Graphic: Business Wire)
“Our mission is to bring the best products and services to our members as well as help improve their overall financial health and well-being,”
To learn more about Upstart for Credit Unions and the Upstart Referral Network, please watch this video. https://vimeo.com/565630607
https://www.businesswire.com/news/home/20210825005286/en/
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.