Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Assets
Cash		$ 986,608	$ 250,819
Restricted cash		204,633	60,514
Property, equipment, and software, net		24,259	10,032
Operating lease right of use assets		96,118	18,310
Non-marketable equity security		40,000	0
Goodwill		67,062	0
Intangible assets, net		19,906	0
Other assets (includes $6,831 and $18,388 at fair value as of December 31, 2020 and 2021, respectively)		121,104	40,046
Other assets		121,104	40,046
Total assets	[1]	1,820,455	477,255
Liabilities:
Accounts payable		6,563	13,775
Payable to investors		107,598	45,501
Borrowings		695,432	62,626
Accrued expenses and other liabilities (includes $9,530 and $13,095 at fair value as of December 31, 2020 and 2021, respectively)		103,418	35,669
Operating lease liabilities		100,366	19,432
Total liabilities	[1]	1,013,377	177,003
Stockholders’ equity:
Common stock, $0.0001 par value; 700,000,000 shares authorized; 73,314,026 and 83,659,665, shares issued and outstanding as of December 31, 2020 and 2021, respectively		8	7
Additional paid-in capital		740,849	369,467
Retained earnings (accumulated deficit)		66,221	(69,222)
Total stockholders’ equity		807,078	300,252
Total liabilities and stockholders’ equity		1,820,455	477,255
Loans (at fair value)
Assets
Loans, notes receivables, and residual certificates		252,477	78,460
Notes receivable and residual certificates (at fair value)
Assets
Loans, notes receivables, and residual certificates		$ 8,288	$ 19,074

[1] The following table presents information on assets and liabilities related to variable interest entities (“VIEs”) that are consolidated by Upstart Holdings, Inc. at December 31, 2020 and 2021. The assets in the table below may only be used to settle obligations of consolidated VIEs and are in excess of those obligations. The holders of the beneficial interests do not have recourse to the general credit of Upstart Holdings, Inc. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. December 31,December 31,20202021AssetsCash $— $7,700 Restricted cash12,371 79,561 Loans (at fair value)75,373 245,972 Notes receivable and residual certificates (at fair value)17,219 7,571 Other assets29 1,221 Total assets$104,992 $342,025 LiabilitiesAccounts payable$83 $— Borrowings42,181 48,536 Other liabilities 32 778 Total liabilities$42,296 $49,314