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Upstart Trading Volume Surges 60.1% to $387 Million Ranking 250th in Market

Market BriefFriday, May 2, 2025 7:13 pm ET

1min read

On May 2, 2025, Upstart's trading volume reached $387 million, marking a 60.1% increase from the previous day, placing it 250th in the day's stock market rankings. upstart (UPST) rose by 5.01%.

Upstart has formed a strategic partnership with OnePay, a fintech company majority-owned by walmart. This collaboration aims to introduce Upstart's consumer lending products to Walmart's extensive customer base. The partnership is designed to leverage Walmart's vast customer demographic to expand the reach of Upstart's lending services.

Upstart and OnePay have entered into a one-year agreement to market lending products to Walmart's customers. This partnership is expected to help Upstart tap into a new market segment, potentially driving growth and increasing its customer base.

Upstart has disclosed that this partnership is still in its early stages and does not anticipate it to have a significant impact on earnings in the near term. However, the collaboration is seen as a validation of Upstart's lending platform and its potential to attract a broader range of customers.

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