{"success":true,"data":{"pressRelease":{"id":"4764","rtpr_id":"nBw5XZMpLa","ticker":"UPST","exchange":"NASDAQ","all_tickers":["UPST"],"title":"Upstart Announces Multi-Year $1.2B Forward-Flow Agreement with Centerbridge Partners, L.P.","author":"Business Wire","published_at":"2026-04-22T12:45:00.120Z","article_body":"Upstart Announces Multi-Year $1.2B Forward-Flow Agreement with Centerbridge\nPartners, L.P.\n\nUpstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence\n(AI) lending marketplace, today announced a forward-flow commitment from funds\nmanaged by Centerbridge Partners, L.P., an alternative investment manager\nspecializing in private equity, private credit and real estate investing.\nCenterbridge has agreed to purchase up to $1.2 billion of consumer loans\noriginated through the Upstart platform.\n\n“We’re excited to collaborate with the Upstart team to identify and fund\nU.S. consumers through a standout, technology-first lending platform,” said\nAaron Fink, Senior Managing Director and Head of Asset-Based Finance at\nCenterbridge. “This partnership demonstrates our shared ability to deliver\ninnovative solutions and provides a scalable channel for capital deployment\nand consistent access to high-quality consumer credit assets.”\n\nThe agreement consists of a 24-month forward flow arrangement and follows an\ninitial transaction between Upstart and Centerbridge in 2024.\n\n“We’re thrilled to deepen our partnership with Centerbridge and for the\nvote of confidence that this multi-year agreement conveys,” said Sanjay\nDatta, President, Capital & Enterprise at Upstart. “This partnership\nbroadens our funding capabilities and enables Upstart to sustainably and\nresiliently deliver smarter, faster credit solutions across the lending\necosystem.”\n\nAbout Upstart\n\nUpstart (NASDAQ: UPST) is the leading AI lending marketplace, connecting\nmillions of consumers to more than 100 banks and credit unions that leverage\nUpstart’s AI models and cloud applications to deliver superior credit\nproducts. With Upstart AI, lenders can approve more borrowers at lower rates\nwhile delivering the exceptional digital-first experience customers demand.\nMore than 90% of loans are fully automated, with no human intervention by\nUpstart. Founded in 2012, Upstart’s platform includes personal loans,\nautomotive retail and refinance loans, home equity lines of credit, and\nUpstart’s new Cash Line product, a revolving line of credit. Upstart is\nbased in San Mateo, California.\n\nAbout Centerbridge\n\nCenterbridge Partners, L.P. is a private investment management firm employing\na flexible approach across investment disciplines — Private Equity, Private\nCredit and Real Estate — in an effort to develop the most attractive\nopportunities for our investors. The Firm was founded in 2005 and, as of\nDecember 31, 2025, has approximately $46 billion in assets under management\nwith offices in New York and London. Centerbridge is dedicated to partnering\nwith world-class management teams across targeted industry sectors and\ngeographies.\n\nCenterbridge has been an active investor in asset-based finance (ABF) since\ninception. The ABF team is core to the firm’s platform, investing across the\ncapital structure in both private and public ABF opportunities. Working\nclosely with sector specialists, the team originates, underwrites, and\nexecutes transactions from unrated to investment grade across a range of\nsectors including consumer, commercial, mortgage, fund finance, and esoteric\nABS. Centerbridge applies its collaborative approach and technical experience\nto deliver tailored solutions and differentiated value.\n\nFor more information, please visit www.centerbridge.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.centerbridge.com&esheet=54520163&newsitemid=20260422904107&lan=en-US&anchor=www.centerbridge.com&index=1&md5=fdb5c12a4d3e5993eb1d75fb64b7bef7)\n| LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcenterbridge-partners%2F&esheet=54520163&newsitemid=20260422904107&lan=en-US&anchor=LinkedIn&index=2&md5=a620f49d8caa33bd80b513f7ce18ddcf)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422904107/en/\n(https://www.businesswire.com/news/home/20260422904107/en/)\n\nInvestors \n\nSonya Banerjee\n\nir@upstart.com (mailto:ir@upstart.com)\n\nPress \n\nEric Smith\n\npress@upstart.com (mailto:press@upstart.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw5XZMpLa","title":"Upstart Announces Multi-Year $1.2B Forward-Flow Agreement with Centerbridge Partners, L.P.","author":"Business Wire","ticker":"UPST","created":"2026-04-22T12:45:00.120Z","tickers":["UPST"],"exchange":"NASDAQ","article_body":"Upstart Announces Multi-Year $1.2B Forward-Flow Agreement with Centerbridge\nPartners, L.P.\n\nUpstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence\n(AI) lending marketplace, today announced a forward-flow commitment from funds\nmanaged by Centerbridge Partners, L.P., an alternative investment manager\nspecializing in private equity, private credit and real estate investing.\nCenterbridge has agreed to purchase up to $1.2 billion of consumer loans\noriginated through the Upstart platform.\n\n“We’re excited to collaborate with the Upstart team to identify and fund\nU.S. consumers through a standout, technology-first lending platform,” said\nAaron Fink, Senior Managing Director and Head of Asset-Based Finance at\nCenterbridge. “This partnership demonstrates our shared ability to deliver\ninnovative solutions and provides a scalable channel for capital deployment\nand consistent access to high-quality consumer credit assets.”\n\nThe agreement consists of a 24-month forward flow arrangement and follows an\ninitial transaction between Upstart and Centerbridge in 2024.\n\n“We’re thrilled to deepen our partnership with Centerbridge and for the\nvote of confidence that this multi-year agreement conveys,” said Sanjay\nDatta, President, Capital & Enterprise at Upstart. “This partnership\nbroadens our funding capabilities and enables Upstart to sustainably and\nresiliently deliver smarter, faster credit solutions across the lending\necosystem.”\n\nAbout Upstart\n\nUpstart (NASDAQ: UPST) is the leading AI lending marketplace, connecting\nmillions of consumers to more than 100 banks and credit unions that leverage\nUpstart’s AI models and cloud applications to deliver superior credit\nproducts. With Upstart AI, lenders can approve more borrowers at lower rates\nwhile delivering the exceptional digital-first experience customers demand.\nMore than 90% of loans are fully automated, with no human intervention by\nUpstart. Founded in 2012, Upstart’s platform includes personal loans,\nautomotive retail and refinance loans, home equity lines of credit, and\nUpstart’s new Cash Line product, a revolving line of credit. Upstart is\nbased in San Mateo, California.\n\nAbout Centerbridge\n\nCenterbridge Partners, L.P. is a private investment management firm employing\na flexible approach across investment disciplines — Private Equity, Private\nCredit and Real Estate — in an effort to develop the most attractive\nopportunities for our investors. The Firm was founded in 2005 and, as of\nDecember 31, 2025, has approximately $46 billion in assets under management\nwith offices in New York and London. Centerbridge is dedicated to partnering\nwith world-class management teams across targeted industry sectors and\ngeographies.\n\nCenterbridge has been an active investor in asset-based finance (ABF) since\ninception. The ABF team is core to the firm’s platform, investing across the\ncapital structure in both private and public ABF opportunities. Working\nclosely with sector specialists, the team originates, underwrites, and\nexecutes transactions from unrated to investment grade across a range of\nsectors including consumer, commercial, mortgage, fund finance, and esoteric\nABS. Centerbridge applies its collaborative approach and technical experience\nto deliver tailored solutions and differentiated value.\n\nFor more information, please visit www.centerbridge.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.centerbridge.com&esheet=54520163&newsitemid=20260422904107&lan=en-US&anchor=www.centerbridge.com&index=1&md5=fdb5c12a4d3e5993eb1d75fb64b7bef7)\n| LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcenterbridge-partners%2F&esheet=54520163&newsitemid=20260422904107&lan=en-US&anchor=LinkedIn&index=2&md5=a620f49d8caa33bd80b513f7ce18ddcf)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422904107/en/\n(https://www.businesswire.com/news/home/20260422904107/en/)\n\nInvestors \n\nSonya Banerjee\n\nir@upstart.com (mailto:ir@upstart.com)\n\nPress \n\nEric Smith\n\npress@upstart.com (mailto:press@upstart.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-04-22T12:45:00.204858569Z","server_sent_at_ms":1776861900204},"received_at":"2026-04-22T12:45:00.335Z","source_url":"https://www.businesswire.com/news/home/20260422904107/en/"},"analysis":{"id":"3381","press_release_id":"4764","analysis_json":{"industry":{"label":"Financial Services","sector":"Financials"},"redFlags":[],"eventType":"partnership","narrative":"Upstart entered a 24-month forward-flow agreement with Centerbridge Partners to purchase up to $1.2 billion of consumer loans originated on its platform.\n\nThe deal follows an initial transaction in 2024 and deepens the partnership, broadening Upstart's funding capabilities and providing consistent access to capital.\n\nCenterbridge, which manages approximately $46 billion in assets, views the agreement as a scalable channel to deploy capital into high-quality consumer credit assets.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"$1.2B forward-flow agreement secures major liquidity source and validates Upstart's loan model."},"keyFigures":{"dealValueUsd":1200000000},"quotedText":"We’re thrilled to deepen our partnership with Centerbridge and for the vote of confidence that this multi-year agreement conveys","namedEntities":{"people":[{"name":"Aaron Fink","role":"Senior Managing Director and Head of Asset-Based Finance at Centerbridge"},{"name":"Sanjay Datta","role":"President, Capital & Enterprise at Upstart"}],"products":["Upstart AI","Cash Line"],"companies":[{"name":"Upstart Holdings, Inc.","ticker":"UPST"},{"name":"Centerbridge Partners, L.P.","relationship":"partner"}],"dollarAmounts":[{"amount":"$1.2 billion","context":"forward-flow commitment for consumer loans"},{"amount":"$46 billion","context":"Centerbridge assets under management"}]},"materialImpact":{"score":4,"reasoning":"Secures a $1.2 billion forward-flow commitment over 24 months, significantly bolstering funding capacity and validating the credit quality of the platform's loans."},"tickerRelevance":{"others":[],"primary":"UPST"},"eventTypeSecondary":[]},"event_type":"partnership","event_type_secondary":null,"sentiment":"bullish","material_impact_score":4,"narrative":"Upstart entered a 24-month forward-flow agreement with Centerbridge Partners to purchase up to $1.2 billion of consumer loans originated on its platform.\n\nThe deal follows an initial transaction in 2024 and deepens the partnership, broadening Upstart's funding capabilities and providing consistent access to capital.\n\nCenterbridge, which manages approximately $46 billion in assets, views the agreement as a scalable channel to deploy capital into high-quality consumer credit assets.","key_figures":{"dealValueUsd":1200000000},"named_entities":{"people":[{"name":"Aaron Fink","role":"Senior Managing Director and Head of Asset-Based Finance at Centerbridge"},{"name":"Sanjay Datta","role":"President, Capital & Enterprise at Upstart"}],"products":["Upstart AI","Cash Line"],"companies":[{"name":"Upstart Holdings, Inc.","ticker":"UPST"},{"name":"Centerbridge Partners, L.P.","relationship":"partner"}],"dollarAmounts":[{"amount":"$1.2 billion","context":"forward-flow commitment for consumer loans"},{"amount":"$46 billion","context":"Centerbridge assets under management"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T16:31:14.425Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.180Z"}},"durationMs":35979,"modelName":"glm-4.7"}}