Upstart AI Lending Marketplace

Registry label derived from Upstart's own repeated descriptive term "AI lending marketplace" (written in lower case by Upstart; not established as a registered product name or trademark). Upstart provides "lending partners and auto dealers with access to a proprietary, cloud-based, AI lending marketplace". Lending partners pay platform fees for its usage, which "includes collection of loan application data, underwriting of credit risk, verification and fraud detection, and the delivery of electronic loan offers and associated documentation". "Consumers primarily access Upstart-powered loans through Upstart.com".

AI capabilities recorded

• AI Credit Decisioning and Risk-Based Pricing — after lender hard-criteria screening

  Active · verified 2026-10-03

  Scope: personal loans through Upstart.com only. Controlled object: the model-dependent portion of an individual personal-loan outcome after lender hard-criteria screening, including borrower qualification and risk-based pricing/terms. The lending partner remains the lender and originator. Hard-policy qualification: "The majority of credit denials on the platform are due to the lending partners' hard criteria from their underwriting policies." Lender hard-rule denials are outside this capability; Upstart's AI does not own all approval or denial authority. Chain: lender establishes and approves its lending program and hard underwriting criteria → lender hard criteria applied before Upstart's underwriting model → applications failing those criteria may be declined without model involvement → surviving application assessed by Upstart's underwriting model for default and prepayment probabilities → model-derived assessment materially affects borrower qualification → underwriting-model output enters a pricing engine together with lender-defined pricing/economic requirements (such as target return objectives and maximum allowable APR limits) → individual risk-based pricing/terms and model-dependent credit outcome → electronic loan offer where applicable → applicant decides whether to accept → lending partner remains lender/originator. The exact mechanism producing a model-dependent decline is not publicly established.