Online Lender Upgrade Closes $225 Million Securitization backed by Personal Loans

February 21, 2019 @ 2:32 pm By JD Alois |

Upgrade, an online lender in the consumer credit sector, has closed its second securitization of personal loans. Upgrade Receivables Trust 2019-1 (UPGR 2019-1) issued $225 million in notes backed by personal loan assets facilitated through the Upgrade platform. The Upgrade Receivables Trust securitization was rated… Read More

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Read more in: Fintech | Tagged jefferies, mike wade, online lending, renaud laplanche, securitization, upgrade