Press Room

Upgrade, Inc., a fintech company that offers affordable and responsible credit and banking products to mainstream consumers, today announced that it raised $165 million in new equity investment. Upgrade’s Series G Preferred Round was led by Neuberger*, with participation from LuminArx Capital...

San Francisco, California [December 12, 2024] — Upgrade, Inc., a leading financial technology company, today announced the rebranding of Uplift, its global Buy Now, Pay Later (BNPL) solution for retail and travel brands, to Flex Pay. The rebrand marks an exciting new chapter of growth, innovation,...

Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced the acquisition of Uplift, Inc., the leading provider of Buy Now Pay Later (BNPL) payment and credit products to travelers. Uplift has seen...

Upgrade, Inc., a Fintech company that offers affordable and responsible credit, mobile banking, and payment products to everyday consumers, announced today that it launched Premier Savings, an everyday savings account that offers 3.50% annual percentage yield (APY) to consumers. The average savings...

Upgrade, Inc., a Fintech company that offers affordable and responsible credit, mobile banking, and payment products to everyday consumers, announced today that Upgrade Card remains the fastest growing top 50 U.S. credit card by outstanding balance for a second consecutive year according to the...

Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced the launch of Upgrade OneCard™. This new product innovation gives users a single card to meet all their payments needs: cardholders use the...

Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced that it reached a new milestone with the signing of its hundredth credit union partnership with the addition of Northwoods Credit Union. These...

Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced that it further accelerated growth in Upgrade Card in the second half of 2021 and again registered as the fastest growing US credit card by...

Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced the launch of Upgrade Shopping™ offering cashback rewards at more than 20,000 local and national merchants like H&M (6% in store and online),...

Upgrade, Inc., a fintech company that offers affordable and responsible credit and mobile banking to mainstream consumers, today announced that it raised a $280 million Series F round at a $6 billion pre-money valuation. The round was led by Coatue Management and DST Global. Dragoneer Investment...

Upgrade, Inc., a fintech company that offers affordable and responsible credit to mainstream consumers, today announced that it became the first fintech company ever to be listed in the top 50 U.S. Visa/Mastercard Credit Card Issuers in the Nilson Report (September Issue # 1204) ranking Upgrade...

Upgrade, Inc., a fintech company that offers affordable and responsible credit to mainstream consumers, today announced that it closed a $105 million Series E round at a $3.325 billion pre-money valuation led by Koch Disruptive Technologies (KDT) with participation from new and existing investors...

Upgrade, Inc., a neobank that offers affordable and responsible credit to mainstream consumers, unveiled today a new mobile checking account designed to deliver exceptional value to mainstream consumers. Upgrade charges no fees and lets customers earn 2% cash back on common everyday expenses and...

Upgrade, Inc., a neobank that offers affordable and responsible credit to mainstream consumers, today launched Upgrade Card’s first cash back rewards program. The new program earns users unlimited 1.5% cash back on every purchase they make with the card. Instead of being credited at the time of...

Upgrade, Inc., a neobank that offers affordable and responsible credit to mainstream consumers, today announced it received a $40 million investment as part of its Series D round led by Santander InnoVentures, the venture capital fund of Santander Group, one of the world’s largest banks. Existing...

Upgrade, Inc., a neobank that offers affordable and responsible credit to mainstream consumers, today announced that it has been named a “Best Place to Work in the Bay Area” by the San Francisco Business Times and Silicon Valley Business Journal. This is Upgrade's third year in a row being...

Upgrade, Inc., a neobank that offers affordable and responsible credit to mainstream consumers, today launched its first contactless-enabled Upgrade Card. Also starting today, Upgrade Card is now available in digital form through both Apple Pay® and Google Pay™ to enable mobile payments. The World...

Upgrade, Inc., a consumer credit platform that offers affordable and responsible loans, together with credit monitoring and education tools, today announced the launch of Upgrade Card. The new card offers the flexibility and convenience of a credit card accepted by millions of merchants, coupled...

Upgrade, Inc., a consumer credit platform that offers access to affordable credit with credit monitoring and educational tools, announced that it has been named a ‘Best Place to Work in the Bay Area’ by the San Francisco Business Times and Silicon Valley Business Journal. This is Upgrade’s second...

Upgrade, Inc., a consumer credit platform that offers access to affordable credit products with credit monitoring and education tools, announced today it closed its second securitization of personal loans. Upgrade Receivables Trust 2019-1 (“UPGR 2019-1”) issued approximately $225 million in notes...

Upgrade, Inc., a consumer credit platform that offers affordable personal loans and personal credit lines with credit monitoring and education tools that help consumers better understand their credit, announced today it closed its inaugural securitization of personal loans. Upgrade Receivables...

Upgrade, Inc. announced today that it closed its Series C round of financing led by CreditEase Fintech Investment Fund. The new financing will fuel Upgrade’s continued product innovation on the heels of the recent launch of its Personal Credit Line and the expansion of Credit Health, Upgrade’s...

Upgrade Inc., is announcing today at the LendItFintech USA conference a new consumer product named “Personal Credit Line". The product is designed to combine the low cost, fixed rate and monthly amortization of personal loans with the flexibility and utility of lines of credit typically obtained...

Upgrade, Inc., a consumer credit platform that combines personal loans with tools that help consumers understand and monitor their credit, announced that it has been named a ‘Best Place to Work in the Bay Area’ finalist in the small company category by the San Francisco Business Times and Silicon...

Upgrade, Inc., a consumer credit platform that combines personal loans with tools that help consumers understand and monitor their credit, announced that it has been named #1 in the personal loans category for the fourth quarter of 2017 by LendingTree. LendingTree’s rankings are based on a weighted...

Upgrade, Inc., a consumer credit platform that combines personal loans with tools that help consumers understand and monitor their credit, today announced a strategic partnership with Corridor Funds, a new credit analytics and portfolio management platform founded by Manish Gupta. Mr. Gupta was...

Upgrade, Inc. today announced the launch of a new consumer credit platform that combines a marketplace lending approach with tools that help consumers understand and monitor their credit. “We are excited to introduce innovations that help consumers better understand their credit potential, unlock...