Tagged: renaud laplanche

Secondary Market for Private Securities Hiive Closes on Venture Funding

Hiive, a secondary market for private securities, has raised venture funding, setting a post-money valuation of $77 million on the Canadian startup. The company reportedly raised USD $4.2 million in a SAFE. Hiive was founded in 2021. Hive stated: “We are pleased to announce that… Read More

Fintech Upgrade to Offer Auto Loans

Upgrade, a neobank founded by noted Fintech entrepreneur Renaud Laplanche, has launched auto loans as a new credit offering. In an email from a company representative, Upgrade explained that the “full spectrum” auto lending product will serve all types of consumers from 580 to 850… Read More

BNPL Uplift Acquired by Upgrade to $100 Million

Upgrade has made its first acquisition by purchasing Uplift for $100 million in both cash and stock, according to a company statement. Uplift is a buy now pay later (BNPL) provider focusing on the travel sector. Upgrade is a neobank that provides a growing number… Read More

Fintech Nexus 2023 – Fintech Forever

It was a warm week in New York City, and I found myself flying across the country to attend the preeminent fintech conference Fintech Nexus, previously known as LendIt Fintech. At the heels of a global pandemic, the recovering U.S. economy, and continuing regional banking… Read More

LendingTree Launches New Card Working with Upgrade

LendingTree (NASDAQ: TREE) has announced its own bespoke card in partnership with Fintech Upgrade. LendingTree is best known for providing consumers with comparative information on loans and other financial recommendations. According to a company release, the “LendingTree Win Card” is the company’s first push into… Read More

Fintech Upgrade Announces High Yield Savings at 3.5% APY

Upgrade, an online lender, card provider, and neobank, has announced a high-yield savings account that currently generates 3.5% APY labeled “Premier Savings.” The savings account must hold a minimum balance of $1000 and is available in all 50 states While interest rates have risen dramatically,… Read More

Upgrade Card: Fastest Growing Card in US, CEO Renaud Laplanche Comments on Rising Inflation

Upgrade, a Fintech that provides loans as well as cards – promoting “responsible credit,” has announced that its Upgrade Card has been recognized as the fastest-growing credit card in the United States. The Upgrade Card has been moving up on the list that is ranked… Read More

Upgrade to Offer New Card that Combines BNPL and Pay Now Options: Upgrade OneCard

Upgrade, a Fintech providing credit services along with neo banking offerings like checking, has announced a new card that combines buy now- pay later (BNPL) services alongside the option to pay now. According to a statement from the company, the Upgrade OneCard is a single… Read More

Nilson Report: Upgrade Card is Recognized as Fastest Growing US Credit Card

Neobank Upgrade, Inc., has distributed a note that once again it is being recognized as one of the fastest-growing US credit cards by outstanding balances, according to the Nilson Report. Upgrade adds that it is the only Fintech card issuer on the list. Last year,… Read More

Upgrade Launches Shopping Feature, CEO Renaud Laplanche Shares Thoughts on Neobanks

  Upgrade, Inc., a Fintech platform that combines mobile banking, credit, payments, and more in a “Super App,” has added a new feature: Shopping. In a company statement, Upgrade announced the launch of Upgrade Shopping, a service that offers cashback rewards at more than 20,000… Read More

Upgrade Raises $240 Million at $6 Billion Valuation, May Pursue IPO in 2023

Upgrade has received an upgrade of its own. The neobank has just announced $240 million in funding at a pre-money valuation of $6 billion. It was just last August when Upgrade raised Upgrade has raised $105 million in a Series E funding round at a… Read More

Upgrade Identified as Fastest Growing Card in US, Founder Renaud Laplanche Comments on Evolving Fintech Ecosystem

Upgrade has announced that it has been recognized as the fastest-growing credit card in the US by the Nilson Report. Upgrade noted that it is the first Fintech to be listed in the top 50 U.S. Visa/Mastercard Credit Card Issuers with a reported growth rate… Read More

Upgrade Gets $3.325 Billion Valuation in $105 Million Funding Round

Upgrade has raised $105 million in a Series E funding round at an upsized valuation of $3.325 billion according to a company release. Koch Disruptive Technologies (KDT), the investment subsidiary of Koch Industries, led the funding with both new and existing investors participating in the… Read More

Upgrade Adds Bitcoin Rewards Card

Upgrade, an online lender, has announced the launch of the Upgrade Bitcoin Rewards Card a new version of Upgrade Card featuring Bitcoin rewards. Under Upgrade’s new program, users may earn unlimited 1.5% Bitcoin rewards on every purchase as they make payments.  The custody and trading… Read More

Upgrade Now Offers 2% Cashback on Certain Purchases, Wants to Be Your Primary Checking Account, Plans Savings Accounts Later

Upgrade, Inc., an emerging neobank that provides credit to consumers, has announced a new mobile checking account designed to deliver better value to its users. According to a note from the Fintech, Upgrade charges no fees and lets customers earn 2% cashback on certain everyday… Read More

Upgrade Adds Cash Back Program to Credit Card Offering

Upgrade, a self-described neobank that offers credit to consumers, has launched Upgrade Card’s first cash back rewards program. According to a release, the new program earns users unlimited 1.5% cash back on every purchase they make with the card. The rewards get credited as cardholders… Read More

Finovate: Renaud Laplanche Selected as Fintech Executive of the Year, Lisa Kimball Fintech Woman of the Year

Finovate has announced its selection of individuals and firms in the Fintech sector that have had an exemplary year. This is the group’s second go at doing the Finovate Awards and this year is obviously a bit different due to the ongoing pandemic shifting events… Read More

MoneyTap, India’s First App-Based Credit Line, Enlists Renaud Laplanche to Board of Advisors

  MoneyTap, a Fintech described as India’s first App-based credit line, has enlisted the assistance of Upgrade founder and CEO Renaud Laplanche to the company’s advisory board. Laplanche is also the founder and former CEO of LendingClub, the first marketplace lending platform to go public… Read More

Renaud Laplanche Plans Upgrade Banking, Comments on Fintech’s Performance During COVID-19 Challenge

Upgrade is a consumer online lender and emerging digital bank that recently announced a significant funding round that gave the Fintech a $1 billion valuation. Founded by Renaud Laplanche, this is the second Fintech he has founded that moved into the unicorn realm the first… Read More

Upgrade Closes $40 Million Series D, Values Company at Over $1 Billion, Advised by FT Partners

Upgrade, Inc., has closed on a $40 million Series D funding round led by VC fund Santander InnoVentures – part of the global banking firm Santander Group. The new funding gives Upgrade a valuation of over $1 billion. FT Partners, the top Fintech focused investment… Read More

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