UPST Stock: Upstart's Co-Founder on 92% Loan Automation

Upstart co-founder and CTO Paul Gu joins OPTO Sessions to explain how AI underwriting powers 92% fully automated loans and lifts conversion to approximately 24% as the AI lending marketplace returns to profitability with triple digit revenue growth. He unpacks fraud controls, the Upstart Macro Index, and expansion into HELOC and auto. 0:00 Introduction to Upstart & Paul's journey 09:22 Upstart's competitive advantage 15:37 Expanding into new markets 18:16 What is the last 8% that is not automated? 23:39 Q2 numbers - what's driving growth? 28:17 Ensuring fairness in AI lending 36:01 The future of AI in lending 42:22 Lightning round If you enjoyed this interview, consider subscribing to our Substack channel for more in-depth insights designed to help you invest smarter: https://optoforesight.substack.com/ LinkedIn:   / opto-invest-in-innovation-308416193   X:   / optothemes   Instagram: https://www.instagram.com/opto.themes... Facebook:   / optothemes   Disclaimer: https://optothemes.com/disclosures-an... #ai #lending #upstart #automation #loans #fintech #consumercredit