If you have heard about the Upstart IPO, you may be interested in this stock and want to add it to your portfolio. But before you buy or sell this stock, you probably want to know how to make a good analysis of it. This is what we propose you to discover in this page with a complete review of the Upstart share, including a presentation of the company and its activities is source of income but also of its competitors and partners and some explanations to help you to set up a good fundamental analysis of this value.
First of all, and with regard to the company's technological activities, it will be necessary to take a particular interest in the investments made in research and development by the group which would enable it to develop these services and make them even more innovative.
Of course, it will also be necessary to look at the diversification of the services and products offered by Upstart. These are likely to evolve as the company makes investments or through acquisitions.
The various strategic acquisition or M&A operations carried out by Upstart are also events that you should keep a close eye on in the news.
Of course, you should also be interested in the geographical development of Upstart's activities with its international expansion strategy in order to reach a wider audience.
You will also have to keep a close eye on Upstart's main competitors by monitoring their innovations, communications, results and the evolution of market shares in this sector of activity.
Finally, you should of course be interested in Upstart's financial results. The results from one year to the next and their evolution over time will be compared here.
Before buying, selling or making a good analysis of the Upstart share, you must of course know perfectly the company he liked as well as its main activities and sources of income. This is what we propose you to discover right now with a detailed presentation of this company.
Upstart Holdings is an American company that was founded in 1999 and is a cloud-based artificial intelligence lending platform.
The platform developed by the company thus aggregates loan requests from consumers and connects them with its network of partner banks equipped with upstart artificial intelligence. The company's AI models are delivered to banking partners in a consumer-facing cloud application that streamlines the end-to-end process of creating and managing a loan.
Upstart has built a configurable, multi-tenant cloud application that integrates seamlessly with banks' existing technology systems. Thus, with this platform, each bank can define its own credit policy and determine the important parameters of its lending programme.
The artificial intelligence models then use the data from all the banking partners and consumers can find loans powered by upstart in two ways, i.e. through the upstart.com website or through a bank-branded product on the websites of its banking partners.
Currently, the upstart group employs 1,497 people.
While it is important to be familiar with Upstart's business, it is also important to be familiar with its main competitors in the market, of which the following is a quick overview:
This peer-to-peer lending technology company is based in New York, but also connects qualified prime and new prime borrowers in the US with accredited institutional and wealth investors on the online platform. Its platform relies on an algorithm to determine loan eligibility and focuses on a truth of factors including FICO scores.
This other credit company focuses on refinancing graduate and undergraduate student loans for college degrees and also provides in-school loans to MBA students in 20 programmes in the US. It was launched nationally in the US in 2013.
Formerly known as SoFi, this US-based company also specialises in web-based wealth planning. The company is based in San Francisco and currently offers financial products that include student loan refinancing, mortgages, personal loans, credit cards, investments and banking services through mobile or web-based applications.
Finally, this last company is also a financial technology platform that aims to look at a person's complete financial picture, taking into account credit history, employment history, earning potential and other data to determine creditworthiness. LendingPoint provides access to more affordable loans for consumer borrowers with automatically updated credit scores between 500 and 850. Traditional creditworthiness factors, such as FICO scores, debt-to-income ratios and payment-to-income ratios. The company was founded in 2014.
While upstart has many competitors in its market, it can also count on strategic partnerships with other companies as in the 2 examples below.
This company recently announced a strategic partnership with upstart to offer AI-powered personal loans nationwide. As a result, it became an upstart lending partner in May 2022 and is now part of the Upstart Referral Network. As a result, platform users who are seeking a qualified personal loan and meet Alliant's field of membership requirements and credit policies will receive personalised offers as they seamlessly transition to an Alliant-branded experience to complete the online member application and closing process.
This other company also recently announced a strategic partnership with Upstart to enable it to help its banking and credit union partners more effectively integrate Upstart loan and borrower data into their core and CRM systems. Sandbox Banking will enable banks and fintechs to integrate solutions to create a streamlined end-to-end solution for their customers on the Glyue API platform and with pre-defined adapters and solution templates to accelerate the rate of integration. Thus, the combination of astarté's AI-based lending platform and Sandbox Banking's ability to streamline the process will enable banks to meet their consumer lending needs and obstacle lending partners to seamlessly integrate loan and customer data into core banking systems.
Upstart was established in April 2012 with the launch of an income sharing agreement product that allows individuals to raise funds by contracting to share a percentage of their future income. However, it was not until 2014 that Upstart moved away from this core product and into the personal credit and loan market. Its first product was a traditional 3-year loan which gradually expanded to allow for a 5-year loan.
Currently, the main shareholders in Upstart are David Girouard with 13.2%, The Vanguard Group with 7.27%, Third Point LLC with 4.92%, Vulcan Value Partners LLC with 4.91%, Stone Ridge Asset management with 4.53%, First Round Capital with 3.58%, Morgan Stanley Investment Management with 3.38%, Coatue Management with 2.05%, BlackRock Fund Advisors with 2.02% and SSgA Funds Management with 1.44%.
To carry out a technical and graphical analysis of the Upstart share, you must base yourself on the historical and current movements of this stock on the stock market. We will try to identify trends and a level of volatility in the market by using different indicators such as moving averages, pivot points, Bollinger bands and MACD.
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