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Upgrade Stock
Online Consumer Credit Platform
About Upgrade Stock
Upgrade is a neobank that aims to offer credit to mainstream consumers through cards and personal loans, together with free credit monitoring and education tools that help consumers understand and manage their finances. Upgrade Card claims to provide a credit card that brings the low cost and responsible credit of installment lending to millions of retail locations in the U.S., while Upgrade Account is a mobile banking product offered to mainstream consumers.
Upgrade was founded in 2016 in San Francisco, California.
Investors
CreditEase Fintech Investment Fund
Fair, Tradeshift, Circle, Fundbox, Addepar, Upgrade, Figure, Taulia, wefox Group, H2O.ai
FirstMark Capital
Pinterest, Discord, Aura, InVisionApp, DraftKings, Upgrade, Hyperscience, Shopify, Pendo, Cockroach Labs
Noah Holdings
Ribbit Capital
Robinhood, Nubank, Affirm, Coinbase, Gusto, Brex, Funding Circle, LendingHome, Upgrade, Figure
Sands Capital Ventures
AppDynamics, BigBasket, DoorDash, UiPath, Scopely, DocuSign, MuleSoft, Funding Circle, Upgrade, Mitra Biotech
Santander InnoVentures
Silicon Valley Bank
FireEye, Welltok, Proteus Digital Health, Remitly, MediaMath, MapR Technologies, Rover, Bolt Threads, Personal Capital, Upgrade
Union Square Ventures
Coinbase, MongoDB, C2FO, Twilio, Funding Circle, Stash, Etsy, CloudFlare, Lending Club, Upgrade
Funding History
September 2016 | $2.5M |
---|---|
October 2016 | $3.3M |
November 2016 | $42.3M |
November 2017 | $20.0M |
August 2018 | $93.1M |
August 2018 | $9.9M |
June 2020 | $83.0M |
Management
Chief Executive Officer
Renaud Laplanche
Press
PYMNTS - Jun, 17 2020
TechCrunch - Oct, 10 2019
PR Newswire - Feb, 21 2019
Other Companies
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Some data provided by Crunchbase