Upstart (UPST) CEO With A Company Overview

Schwab Network

English - May 13, 2021 16:20 - 7 minutes - 48.5 MB - ★★★★★ - 23 ratings
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Upstart (UPST) shares up three quarters of a percent today and got a boost on earnings. Upstart (UPST) is an artificial intelligence cloud lending platform for banks. They currently have 18 banks in their platform. CEO Dave Girourard explains they are moving into auto loans. An advantage of an AI based system is that is it will be responsive to changes in the economy in real time. Tune in to the discussion with Oliver for more details.