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UPST Stock: Upstart's Co-Founder on 92% Loan Automation

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Manage episode 513946286 series 2715815
Content provided by Haydn Brain & Ed Gotham, Haydn Brain, and Ed Gotham. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Haydn Brain & Ed Gotham, Haydn Brain, and Ed Gotham or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Upstart co-founder and CTO Paul Gu joins OPTO Sessions to explain how AI underwriting powers 92% fully automated loans and lifts conversion to approximately 24% as the AI lending marketplace returns to profitability with triple digit revenue growth. He unpacks fraud controls, the Upstart Macro Index, and expansion into HELOC and auto.

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The content in this podcast is for informational purposes only. Opto Markets LLC does not recommend any specific securities or investment strategies. Investing involves risk & investments may lose value, including the loss of principal. Past performance does not guarantee future results. Investors should consider their investment objectives and risks carefully before investing. The information provided is not an endorsement of this product and is for information and/or educational purposes only.

  continue reading

Chapters

1. Introduction to Upstart & Paul's journey (00:00:00)

2. Upstart's competitive advantage (00:09:22)

3. Expanding into new markets (00:15:37)

4. What is the last 8% that is not automated? (00:18:16)

5. Q2 numbers - what's driving growth? (00:23:39)

6. Ensuring fairness in AI lending (00:28:17)

7. The future of AI in lending (00:36:01)

8. Lightning round (00:42:22)

260 episodes

Artwork
iconShare
 
Manage episode 513946286 series 2715815
Content provided by Haydn Brain & Ed Gotham, Haydn Brain, and Ed Gotham. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Haydn Brain & Ed Gotham, Haydn Brain, and Ed Gotham or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Upstart co-founder and CTO Paul Gu joins OPTO Sessions to explain how AI underwriting powers 92% fully automated loans and lifts conversion to approximately 24% as the AI lending marketplace returns to profitability with triple digit revenue growth. He unpacks fraud controls, the Upstart Macro Index, and expansion into HELOC and auto.

-----
The content in this podcast is for informational purposes only. Opto Markets LLC does not recommend any specific securities or investment strategies. Investing involves risk & investments may lose value, including the loss of principal. Past performance does not guarantee future results. Investors should consider their investment objectives and risks carefully before investing. The information provided is not an endorsement of this product and is for information and/or educational purposes only.

  continue reading

Chapters

1. Introduction to Upstart & Paul's journey (00:00:00)

2. Upstart's competitive advantage (00:09:22)

3. Expanding into new markets (00:15:37)

4. What is the last 8% that is not automated? (00:18:16)

5. Q2 numbers - what's driving growth? (00:23:39)

6. Ensuring fairness in AI lending (00:28:17)

7. The future of AI in lending (00:36:01)

8. Lightning round (00:42:22)

260 episodes

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