--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43034461.md" description: "๐Ÿ“ข ๐—๐—จ๐—ฆ๐—ง ๐—œ๐—ก: $Upstart(UPST.US) Upstart Secures $๐Ÿฐ ๐—•๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป Castlelake Consumer Loan Funding Agreement๐Ÿ‘‰ ๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€:โžค ๐—จ๐—ฝ๐˜€๐˜๐—ฎ๐—ฟ๐˜ signs a new multi-year funding agreement with ๐—–๐—ฎ๐˜€๐˜๐—น๐—ฒ๐—น๐—ฎ๐—ธ๐—ฒ.โžค Castlelake will purchase up to $๐Ÿฐ ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป in consumer loans.โžค Funding will support loans originated over up to ๐Ÿฎ๐Ÿฐ ๐—บ๐—ผ๐—ป๐˜๐—ต๐˜€.โžค Agreement is the ๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜€๐˜ partnership between Upstart and Castlelake.โžค Deal expands a relationship that began in ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ.โžค Loans will be acquired through a new ๐—ณ๐—ผ๐—ฟ๐˜„๐—ฎ๐—ฟ๐—ฑ-๐—ณ๐—น๐—ผ๐˜„ arrangement.โžค Castlelake has invested approximately $๐Ÿฎ๐Ÿต ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป in consumer and SMB lending since 2015.โžค Agreement strengthens institutional funding for Upstart's AI lending marketplace.๐Ÿ‘‰ ๐—ช๐—ต๐˜† ๐—ง๐—ต๐—ถ๐˜€ ๐— ๐—ฎ๐˜๐˜๐—ฒ๐—ฟ๐˜€:โžค Expands ๐—จ๐—ฝ๐˜€๐˜๐—ฎ๐—ฟ๐˜'๐˜€ long-term funding capacity for loan originations.โžค Demonstrates continued institutional confidence in ๐—”๐—œ-๐—ฑ๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ป underwriting.โžค Reduces funding uncertainty as loan demand scales.โžค Reinforces growing adoption of private credit in consumer lending.๐Ÿ‘‰ ๐—˜๐˜…๐—ฝ๐—ฒ๐—ฟ๐˜ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€:๐—ฆ๐—ฎ๐—ป๐—ท๐—ฎ๐˜† ๐——๐—ฎ๐˜๐˜๐—ฎ, President, Capital & Enterprise at Upstart:"Our relationship with Castlelake has grown alongside the evolution of our marketplace, and this expanded commitment reflects the value of that long-term collaboration. Their continued confidence in our platform is a source of great pride and reinforces the strength of Upstartโ€™s underwriting capabilities and the durability of the credit we originate."๐—๐—ผ๐—ต๐—ป ๐—Ÿ๐˜‚๐—ป๐—ฑ๐—พ๐˜‚๐—ถ๐˜€๐˜, Partner, Specialty Finance at Castlelake:"This new commitment reflects our continued belief in the durability of Upstart consumer installment loans as attractive risk-adjusted exposure for our investors. In our view, this new agreement also recognizes what we view as consistency in Upstartโ€™s originations across prior transactions and market environments."" datetime: "2026-07-29T12:47:01.000Z" locales: - [en](https://longbridge.com/en/topics/43034461.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43034461.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43034461.md) author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)" --- # ๐Ÿ“ข ๐—๐—จ๐—ฆ๐—ง ๐—œ๐—ก: $Upstart(UPST.US) Upstart Secureโ€ฆ ### Related Stocks - [UPST.US](https://longbridge.com/en/quote/UPST.US.md)