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