Tagged: upgrade

LendingClub Founding CEO and Current Upgrade CEO Renaud Laplanche Comments on 10 Year Anniversary of Iconic Fintech IPO

LendingClub (NYSE:LC) became a public firm in an IPO held on December 11, 2014 – ten years ago today. At that time, the transition of the high-profile Fintech from a private firm to a publicly traded company was heralded as a coming-of-age moment for the… Read More

Upgrade Introduces Secured OneCard, CEO Renaud Laplanche Still Says No Bank Charter on the Horizon

Upgrade has announced a new type of card – a “secured credit card,” the Secured OneCard, that aims to support individuals who struggle to get credit or underbanked individuals. In a company statement, Upgrade said the new product will incorporate a savings account that will… 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

Tietoevry Banking Completes Payment Solution Upgrade in Serbia

Tietoevry has completed a major systems’ upgrade for Chip Card, member of Payten, one of the leading payments processors in the Republic of Serbia. With electronic payments becoming more popular in Serbia and adjacent markets, Chip Card worked with Tietoevry “to implement an upgraded Card… 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

Digital Asset Exchange Aggregator 1inch Network Releases Major Upgrade, Fusion

The 1inch Network has released a major upgrade, Fusion. The upgrade aims “to make swaps on 1inch yet more profitable and secure, setting new standards for cost-efficiency, security and user experience in the DeFi space.” The 1inch Network is pleased to announce the release of… Read More

Genesis Global Makes Enhancements to Low-Code Software Development Platform

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, announced significant platform enhancements “making it faster and easier for software developers to build user interfaces, aggregate and integrate data and manage enterprise applications.” The Genesis platform “helps developers to build robust applications… 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

Upgrade Enlists 100th Credit Union, Partner of Choice for these Financial Firms

Upgrade, a Fintech that provides online loans and cards to consumers, has enlisted its 100th credit union, according to a corporate statement. The milestone arrived with the addition of Northwoods Credit Union. Upgrade explains that these partnerships let credit unions purchase loans and card receivables… 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

First Day With Smart Contract Capability the Latest Cardano Success

The first day with smart contract capability was a good one for Cardano, it reports. Cardano’s recent upgrade to give it smart contract functionality allows developers the ability to create apps on it. Within the first 24 hours, the platform saw more than 100 smart… 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

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