Upstart secures $1 billion loan purchase agreement with investor group

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Upstart Announces a $1B Forward-Flow Agreement with Eltura Ventures and Aperture Investors

March 17, 2026 8:45 AM EDT

SAN MATEO, Calif.--(BUSINESS WIRE)-- Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced a forward-flow commitment with Eltura Capital Management, an alternative investment manager specializing in asset-based finance and structured credit opportunities, Aperture Investors, an alternative asset manager and part of Generali Investments, and co-investors. The investor group has agreed to purchase up to $1 billion of consumer loans originated through the Upstart platform.

We are excited to partner with a pioneer in AI-driven lending and believe this forward-flow arrangement reflects a strong alignment between our... More