Upstart secures $1.25B loan purchase agreement with Fortress
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Upstart Announces $1.25B Forward-Flow Agreement with Fortress Investment Group
April 29, 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 affiliates of Fortress Investment Group (Fortress). Fortress has agreed to purchase up to $1.25 billion of consumer loans originated through the Upstart platform over the course of 15 months.
The agreement follows an initial forward flow transaction between Upstart and Fortress announced in 2025.
Were excited to expand our partnership with Fortress with this latest agreement, said Sanjay Datta, President, Capital & Enterprise at Upstart. Our wide array of capital... More
