Upstart secures $1.2B loan purchase agreement with Centerbridge
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Upstart Announces Multi-Year $1.2B Forward-Flow Agreement with Centerbridge Partners, L.P.
April 22, 2026 8:45 AM EDTSAN MATEO, Calif.--(BUSINESS WIRE)-- Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced a forward-flow commitment from funds managed by Centerbridge Partners, L.P., an alternative investment manager specializing in private equity, private credit and real estate investing. Centerbridge has agreed to purchase up to $1.2 billion of consumer loans originated through the Upstart platform.
Were excited to collaborate with the Upstart team to identify and fund U.S. consumers through a standout, technology-first lending platform, said Aaron Fink, Senior Managing Director and Head of Asset-Based Finance at... More
