nbkc bank Selects Upstart for Personal Lending
KANSAS CITY, MO & SAN MATEO, CA 02 February 2023–(BUSINESS WIRE)–nbkc Bank, a $1.1 billion community bank, announced today that it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending marketplace , to bring personal credit to more people in the communities it serves.
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“At nbkc, our top priority is to provide the best possible customer experience at every touchpoint to serve our community and our customers,” said Jenna Stricker, Director of Digital Lending at nbkc bank. “Our partnership with Upstart allows us to Expand our personal lending offering with a fully digital, modern personal lending experience that gives better creditworthy borrowers access to affordable credit.”
As a new Upstart lending partner since June 2022, nbkc is now part of the Upstart Referral Network. With the Upstart referral network, qualified personal loan applicants on Upstart.com who meet nbkc’s credit standards receive tailored offers while seamlessly transitioning into an nbkc-branded experience to complete the online application and closing process.
“We are impressed by nbkc’s commitment to providing useful loans at competitive rates that help borrowers achieve their goals,” said Michael Lock, SVP of Lending Partnerships at Upstart. “Upstart’s AI lending marketplace enables nbkc to efficiently and cost-effectively extend personal loans to new customers.”
To learn more about the Upstart Referral Network, please visit https://www.upstart.com/for-banks/referral-network/ and watch this video.
Upstart (NASDAQ: UPST) is a leading AI lending marketplace working with banks and credit unions to expand access to affordable credit. Leveraging Upstart’s AI platform, Upstart-powered banks and credit unions can achieve higher approval rates and lower at-loss rates across races, ages and genders, while delivering the exceptional digital-first lending experience their customers demand. More than two-thirds of Upstart loans are approved instantly and are fully automated. Founded in 2012 by ex-Googlers, Upstart is based in San Mateo, California and Columbus, Ohio.
About the nbkc bank
Based in Kansas City, nbkc is a diversified, full-service banking company known for combining innovative technology and personal support to create exceptional customer experiences. We offer online home loans and consumer banking nationwide; community and commercial banks in our home region of Kansas City; and Banking-as-a-Service for fintech companies in the US. Founded in 1999, nbkc continues to pursue its mission of leading the industry towards easier and more transparent banking.
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