NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by Upstart Securitization Trust 2018-1 (“UPST 2018-1”). This is a $227.211 million consumer loan ABS transaction that is expected to close on April 13, 2018. This transaction is Upstart Network, Inc.’s (“Upstart” or the “Company”) third securitization of prime and near prime unsecured consumer loans. The loans are facilitated by Upstart’s proprietary models supporting an online
