Stay updated with breaking news from Robert Wildhack. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Fintechs like Upstart, Affirm and OneMain Financial say they are boosting credit quality, in another example of how lenders have been pulling back amid uncertainty over the economic outlook.
US financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street investors, according to industry executives.
After seeing deposit increase over the second half of March, CFO Dermot McDonogh restated the New York custody giant's guidance for a 20% year-over-year jump in spread income, hinting the company might actually overshoot its target.
Operator: Good day, and welcome to the Upstart Fourth Quarter 2022 Earnings Call. Today's conference is being recorded.
The company reported its seventh consecutive quarter of record adjusted net revenue.