Upstart, Like Its Customers, Remains Focused on Return to Growth
If you are in the business of providing loans, there will always be a demand for your product. As for the customers that need to be served, the total addressable market (TAM) for annual loan originations is a whopping 38 billion in loans across its 3 million customers — leaving lots of room to grow. That’s why, on Tuesday’s (May 7) first quarter 2024 earnings call, Upstart executives stressed to investors that the comp ...