Upstart secures $1.25B loan purchase agreement with Fortress
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Upstart Announces $1.25B Forward-Flow Agreement with Fortress Investment Group
April 29, 2026 8:45 AM EDTSAN MATEO, Calif.--(BUSINESS WIRE)-- Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced a forward-flow commitment from funds managed by affiliates of Fortress Investment Group (Fortress). Fortress has agreed to purchase up to $1.25 billion of consumer loans originated through the Upstart platform over the course of 15 months.
The agreement follows an initial forward flow transaction between Upstart and Fortress announced in 2025.
Were excited to expand our partnership with Fortress with this latest agreement, said Sanjay Datta, President, Capital & Enterprise at Upstart. Our wide array of capital... More
