Tagged: upgrade

January 23, 2025 @ 2:08 pm By JD Alois  |  

Upgrade, a neobank that offers various credit and savings products to its customers, has appointed a new Chief Operating Officer (COO). Jeffrey Meiler, former founder and CEO of Best Egg, has joined the Fintech to apply his decades of experience in lending cards and payments…. Read More

December 11, 2024 @ 9:30 am By JD Alois  |  

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

December 13, 2023 @ 12:30 pm By JD Alois  |  

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

August 30, 2023 @ 6:29 pm By JD Alois  |  

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

July 27, 2023 @ 6:00 am By JD Alois  |  

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

May 24, 2023 @ 10:51 am By Timothy Li  |  

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

March 1, 2023 @ 8:10 pm By Omar Faridi  |  

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

February 27, 2023 @ 8:00 am By JD Alois  |  

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

December 26, 2022 @ 7:37 pm By Omar Faridi  |  

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

December 4, 2022 @ 5:45 pm By Omar Faridi  |  

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

October 27, 2022 @ 11:58 am By JD Alois  |  

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

October 11, 2022 @ 6:00 am By JD Alois  |  

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

July 27, 2022 @ 9:47 am By JD Alois  |  

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

March 30, 2022 @ 9:00 am By JD Alois  |  

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

March 9, 2022 @ 9:00 am By JD Alois  |  

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

February 2, 2022 @ 7:00 am By JD Alois  |  

  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

November 16, 2021 @ 9:09 am By JD Alois  |  

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

September 28, 2021 @ 9:08 am By JD Alois  |  

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

September 14, 2021 @ 8:22 pm By Tony Zerucha  |  

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

August 11, 2021 @ 9:45 am By JD Alois  |  

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