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.