Upstart's loan securitizations are performing far better than Kroll, the leading credit rating agency for marketplace lenders, had expected.
The proposed law would significantly amend the Dodd-Frank Act and restore flexibility to financial institutions.
With Republicans in charge of the government, regulatory constraints on financial services firms may begin to relax.
The effects are being felt already, but whether that's a short-term reaction or a harbinger of much more to come is unknown.
With an infusion of new capital from a private-equity investor, Kroll hopes to double in size in the next three years.
