Upstart Expands AI-Powered Vehicle Financing Nationwide
Upstart (NASDAQ: UPST), the leading AI lending marketplace, today announced it will expand its auto retail financing capability nationwide to reach 90% of consumers in the U.S. by the end of the first quarter 2024, up from 70% in the third quarter last year.1
- Upstart (NASDAQ: UPST), the leading AI lending marketplace, today announced it will expand its auto retail financing capability nationwide to reach 90% of consumers in the U.S. by the end of the first quarter 2024, up from 70% in the third quarter last year.1
With interest rates at 20-year highs, consumers are struggling to find financing options that allow them to purchase a car affordably. - “Upstart’s easy application process and rapid borrower approvals have strengthened our ability to deliver the excellent experience we’re known for.”
Integrated financing is just one part of Upstart’s auto retail platform. - More than 700 dealers across the U.S. are already harnessing these enhanced auto retail features to connect with customers, save time, and close sales.
- To learn more about Upstart’s auto retail platform, watch this video .