US lender Upstart to cut 20% of jobs in bid to return to profitability
Upstart is also suspending development of its small business loan product.
Upstart
US lender Upstart cuts 140 jobs as loan demand drops
Upstart says it is “making this difficult decision for the long-term health of the company”.
Upstart raises $50m investment and lands new bank contracts
AI lending platform wants to expand its applications.
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