Upstart & Fortress Investment Group Announce $1.2B Agreement

Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced a forward-flow commitment from funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). Fortress has agreed to purchase up to $1.2 billion of consumer loans originated on the Upstart platform through March 2026. “This forward-flow agreement with Upstart reflects our continued pursuit of high-quality, risk-adjusted consumer credit assets,” said Matt Biczak, Managing Director at Fortress Investment Group. “Upstart’s platform provides access to...

First Commonwealth Expands Loan Access with Upstart Partnership

First Commonwealth Federal Credit Union has partnered with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to expand access to personal loans and better serve its growing membership across Pennsylvania and New Jersey. “At First Commonwealth, we’re committed to financial empowerment for all,” said Terry Grier, Chief Lending Officer at First Commonwealth Federal Credit Union. “By partnering with Upstart, we can leverage AI-powered credit decisioning to lend more inclusively—helping more low- and moderate-income...

Kueski Appoints BNPL and Payments Expert Yumi Hosaka Clark to Its BOD

Kueski, one of the largest Buy Now, Pay Later (BNPL) and online consumer lenders in Latin America, announced the appointment of Yumi Hosaka Clark to its Board of Directors. With over 25 years of experience in leading product development, payments strategies, and scaling digital businesses, Yumi’s expertise will be key in helping Kueski continue its growth in the fintech sector. Yumi has led global product and payments strategy at some of the most influential companies in...

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