11:07 AM EST, 11/06/2025 (MT Newswires) -- Upstart (UPST) said Thursday it entered a new 12-month forward-flow agreement under which Castlelake will purchase up to $1.5 billion in consumer loans originated on Upstart's platform.

The arrangement is the third such agreement between the companies.

The deal will support a consistent loan funding pipeline across different economic conditions, according to the company.

Shares of Upstart fell nearly 6% in recent trading.

Price: 39.29, Change: -2.46, Percent Change: -5.89