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Upstart Launches Cash Line As Paul Gu Takes Helm And Valuation Lags
Upstart Holdings has introduced Cash Line, a new revolving credit product, amidst a leadership change with co-founder Paul Gu becoming CEO. This expansion into consumer credit beyond existing loan offerings signifies Upstart’s strategic growth using its AI-driven lending platform. The company’s stock currently trades significantly below analyst expectations and its estimated fair value, prompting investors to monitor Cash Line’s adoption and the impact of the leadership transition on product focus and credit performance.