Upstart Holdings, Inc. announced a one-year strategic partnership with OneProgress, Walmart's fintech business. This collaboration is expected to significantly expand Upstart's reach in the consumer lending market.
The partnership leverages Upstart's AI lending platform to enhance OneProgress's financial offerings. This strategic move could open new customer acquisition channels and integrate Upstart's technology into a broader ecosystem.
This alliance represents a notable development for Upstart, potentially driving increased loan origination volumes and solidifying its position in the fintech sector through a major retail connection.
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