LendUp Stock
Alternative to payday loans
Sign up today and learn more about LendUp Stock
Invest in or value your shares in one or many pre-IPO companies through an EquityZen investment vehicle.
About LendUp Stock
LendUp’s mission is to provide anyone with a path to better financial health. We build technology, credit products and educational experiences for the 56% of the US population who are shut out of mainstream banking because of poor credit or volatile incomes. All of our technology is built in-house. We currently offer several types of credit products, including loans and credit cards. We embed education into our products, and where available, credit building opportunities, to help borrowers improve their long-term financial health and break out of vicious debt cycles. We were founded by two step-brothers, CEO Sasha Orloff and CTO Jake Rosenberg. Sasha puts the “fin” in fintech, having worked at Citi, World Bank, and Grameen Bank. Jake puts the “tech” in fintech; he was a platform CTO at Zynga at 29 and began working at Yahoo! at age 16, as employee #80.
Investors
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Rappi, CoinSwitch Kuber, Devoted Health
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Instacart, Stripe, Magic Leap, DoorDash, Bloom Energy, Slack, Brex
Susa Ventures
Flexport, Human Interest, Andela, TigerGraph, Policygenius, LendUp, Mux, Fast, Modsy
Funding History
April 2012 | $4.6M |
---|---|
October 2013 | $14.3M |
November 2014 | $10.3M |
March 2015 | $59.1M |
May 2016 | $99.7M |
Management
Chief Executive Officer
Anu Shultes
Press
Bank Innovation - Feb, 4 2020
LendUp focuses on underserved, issues $2B in loansWall Streets Journal - Sep, 16 2019
Subprime Credit-Card Startup Mission Lane Raises $500 Million After Separating from LendUpPR Newswire - Aug, 1 2019
LendUp Names Chris Lewis and Gizelle Barany to Executive Teamfinsmes - Jan, 14 2019
LendUp Receives Investment; Launches Credit Card Businessamericanbanker - Jan, 10 2019
LendUp spins off credit card business, names new CEO