Tagged: upgrade

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

Brex Announce Upgrade of E-Commerce Offerings By Introducing Instant Payouts and Tailored Rewards

  U.S. fintech Brex announced on Tuesday it has introduced new features tailored to solving the cash flow pain points of growing e-commerce businesses. According to Brex, the launch of instant payouts and e-commerce-specific rewards alleviate growth barriers faced by e-commerce companies and furthers the company’s… Read More

Ocean Protocol Devs Perform Hard Fork Following KuCoin Hack, Leading to $150 Million in Losses, including $8.6 Million in OCEAN Tokens Stolen

Fork

The developers of the Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, confirmed (on September 28) that on September 27, 2020, the Ocean Protocol Foundation had initiated a hard fork or backward-incompatible… 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

Upgrade CEO Renaud Laplanche: Fintech is About Using Online or Mobile Devices to Streamline Access to Financial Services

  Last month, Upgrade, Inc., a Fintech providing consumers access to credit, was named a “Best Place to Work in the Bay Area” by the San Francisco Business Times and Silicon Valley Business Journal. Upgrade was founded by well known Fintech entrepreneur CEO Renaud Laplanche…. Read More

Fintech Upgrade is Recognized as a Great Place to Work

For the third year in a row, Upgrade, Inc., a Fintech providing consumers access to credit, has been named a “Best Place to Work in the Bay Area” by the San Francisco Business Times and Silicon Valley Business Journal. Upgrade was founded by well known… Read More

Upgrade Announces New Contactless and Mobile Payment Iterations of the Upgrade Card

Online lender and aspiring neobank Upgrade has launched its first contactless-enabled Upgrade Card. The new Upgrade Card is also available in digital form through both Apple Pay and Google Pay to enable mobile payments, according to a release from the company. Upgrade notes that the World… Read More

How Fintech Can Help Fight the Coronavirus

It wasn’t supposed to be this way. Our biggest concern this year was going to be the Presidential election, or for some of us the Tokyo Olympics or the Warriors missing the NBA playoffs. Instead, the world’s population is experiencing an unprecedented shock that is… Read More

Consumer Lending Platform Upgrade Launches “Upgrade Card,” Offers Flexibility of a Credit Card at Lower Cost

Upgrade, an online consumer lending platform, has launched a new physical credit card labeled “Upgrade Card.” The card is designed to provide the convenience of a credit card combined with lower interest rates associated with installment loans. According to a release, interest rates start at… Read More

Online Lender Upgrade Recognized as Top Place to Work in San Francisco

Online Lender Upgrade, a Fintech serving the consumer credit market, has been named a “Best Place to Work in the Bay Area’”by the San Francisco Business Times and Silicon Valley Business Journal. Upgrade is the creation of  CEO Renaud Laplanche, the founder of publicly traded… Read More

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

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

Upgrade Securitizes $282 Million of Personal Loans

Online lender Upgrade, Inc., has closed on its inaugural securitization of personal loans. According to the Fintech, Upgrade Receivables Trust 2018-1 (UPGR 2018-1) issued approximately $282 million in notes to nearly 20 banks and asset managers. Credit Suisse and Jefferies acted as joint lead underwriters, and… Read More

Consumer Credit Platform Upgrade Secures $62 Million Through Series C Funding Round Led By CreditEase Fintech Investment Fund

Money Benjamin Dollars 100

CreditEase FinTech Investment Fund (CEFIF), the U.S.-based Fintech Fund of the Chinese fintech CreditEase, recently led $62 million Series C round investment for consumer credit platform, Upgrade. According to CreditEase, Upgrade, which was launched in 2016 by Renaud Laplanche, former co-founder of Lending Club and the… Read More

Renaud LaPlanche’s Online Lending Venture Upgrade Closes on $62 Million Series C

Upgrade, an online lending platform founded by Renaud LaPlanche, has closed on a Series C round  in the amount of $62 million. The funding was led by China based CreditEase Fintech Investment Fund. Laplanche previously founded LendingClub, the largest marketplace lending platform in the US…. Read More

Online Lender Upgrade Now Offers Personal Line of Credit

Upgrade, Inc.  has announced a new consumer product entitled “Personal Credit Line.” The new product was revealed during the annual LendIt Fintech conference in San Francisco. The line of credit is designed to combine the low cost, fixed rate and monthly amortization of personal loans… Read More

Online Lending Platform Upgrade Receives Top Ratings from Lending Tree

Upgrade, Renaud Laplanche’s newest online lending startup , has been recognized the number one personal loan platform by Lending Tree – according to Q4 customer reviews. LendingTree’s rankings are based on a weighted average of overall rating and the total volume of customer reviews and… Read More

Lending Disrupted? Not Yet, Says Renaud Laplanche

As the alternative lending sector matures, the general atmosphere of its flagship event LendIt takes a different tone. The tone of this year’s Lendit Europe was down-to-earth. Hype was out. Business in. Even the discussions about artificial intelligence and blockchain were imbued with much realism…. Read More

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