Press Room | Upgrade Card Launches a Cash Back Program That Rewards Consumers For Doing What’s Good For Them
Upgrade Card Launches A Cash Back Program That Rewards Consumers For Doing What’s Good For Them
Cardholders earn unlimited 1.5% cash back on all purchases as they pay down their balance
San Francisco – October 29, 2020
Upgrade, Inc., a neobank that offers affordable and responsible credit to mainstream consumers, today launched Upgrade Card’s first cash back rewards program. The new program earns users unlimited 1.5% cash back on every purchase they make with the card. Instead of being credited at the time of…
Upgrade Closes $40 Million Series D Round Led by Santander InnoVentures
Global Bank Joins Leading Fintech Investors Backing Credit-led Neobank Model
San Francisco – June 17, 2020
Upgrade, Inc., a neobank that offers affordable and responsible credit to mainstream consumers, today announced it received a $40 million investment as part of its Series D round led by Santander InnoVentures, the venture capital fund of Santander Group, one of the world’s largest banks. Existing…
Upgrade, Inc. Named a 2020 “Best Place to Work in the Bay Area”
Neobank Recognized for Outstanding Employee Satisfaction
San Francisco – April 24, 2020
Upgrade, Inc., a neobank that offers affordable and responsible credit to mainstream consumers, today announced that it has been named a “Best Place to Work in the Bay Area” by the San Francisco Business Times and Silicon Valley Business Journal. This is Upgrade’s third year in a row being…
Upgrade Launches First Contactless and Mobile Payment Versions of Upgrade Card
New versions designed in response to the coronavirus.
San Francisco – April 9, 2020
Upgrade, Inc., a neobank that offers affordable and responsible credit to mainstream consumers, today launched its first contactless-enabled Upgrade Card. Also starting today, Upgrade Card is now available in digital form through both Apple Pay® and Google Pay™ to enable mobile payments. The World…
Upgrade, Inc. Launches Upgrade Card
San Francisco – October 10, 2019
Upgrade, Inc., a consumer credit platform that offers affordable and responsible loans, together with credit monitoring and education tools, today announced the launch of Upgrade Card. The new card offers the flexibility and convenience of a credit card accepted by millions of merchants, coupled…
Upgrade, Inc. Named a 2019 ‘Best Place to Work in the Bay Area’
Fintech Company Recognized for Outstanding Employee Satisfaction
San Francisco – April 22, 2019
Upgrade, Inc., a consumer credit platform that offers access to affordable credit with credit monitoring and educational tools, announced that it has been named a ‘Best Place to Work in the Bay Area’ by the San Francisco Business Times and Silicon Valley Business Journal. This is Upgrade’s second…
Upgrade, Inc. Completes $225 Million Securitization
San Francisco – February 21, 2019
Upgrade, Inc., a consumer credit platform that offers access to affordable credit products with credit monitoring and education tools, announced today it closed its second securitization of personal loans. Upgrade Receivables Trust 2019-1 (“UPGR 2019-1”) issued approximately $225 million in notes…
Upgrade, Inc. Completes $282 Million Securitization
Credit Suisse and Jefferies Serve as Lead Underwriters
San Francisco – October 31, 2018
Upgrade, Inc., a consumer credit platform that offers affordable personal loans and personal credit lines with credit monitoring and education tools that help consumers better understand their credit, announced today it closed its inaugural securitization of personal loans. Upgrade Receivables Trust…
Upgrade, Inc. Closes $62 Million Series C Round
New Round to Fund Continued Product Innovation
San Francisco – August 23, 2018
Upgrade, Inc. announced today that it closed its Series C round of financing led by CreditEase Fintech Investment Fund. The new financing will fuel Upgrade’s continued product innovation on the heels of the recent launch of its Personal Credit Line and the expansion of Credit Health, Upgrade’s…
Upgrade, Inc. Introduces Personal Credit Line
New product to combine the low cost, fixed rate and responsible credit of a personal loan with the flexibility and convenience of a credit card
San Francisco – April 10, 2018
Upgrade Inc., is announcing today at the LendItFintech USA conference a new consumer product named “Personal Credit Line”. The product is designed to combine the low cost, fixed rate and monthly amortization of personal loans with the flexibility and utility of lines of credit typically obtained…
Upgrade Inc. Named a 2018 ‘Best Place to Work in the Bay Area’
Fintech Company Recognized for Dedication to Employee Success and Satisfaction
San Francisco – March 6, 2018
Upgrade, Inc., a consumer credit platform that combines personal loans with tools that help consumers understand and monitor their credit, announced that it has been named a ‘Best Place to Work in the Bay Area’ finalist in the small company category by the San Francisco Business Times and Silicon…
Upgrade, Inc. Rated #1 Personal Loan by LendingTree
Upgrade awarded top ranking based on LendingTree Customer Reviews in Q4 2017
San Francisco – February 8, 2018
Upgrade, Inc., a consumer credit platform that combines personal loans with tools that help consumers understand and monitor their credit, announced that it has been named #1 in the personal loans category for the fourth quarter of 2017 by LendingTree. LendingTree’s rankings are based on a weighted…
Upgrade and Corridor Collaborate on Big Data and Credit Analytics
Consumer credit platform Upgrade, Inc. partners with new analytics platform founded by American Express executives
San Francisco – November 29, 2017
Upgrade, Inc., a consumer credit platform that combines personal loans with tools that help consumers understand and monitor their credit, today announced a strategic partnership with Corridor Funds, a new credit analytics and portfolio management platform founded by Manish Gupta. Mr. Gupta was…
Upgrade, Inc. Appoints Western Union Executive as General Counsel
Consumer credit platform builds up executive team as it scales loan volume
San Francisco – September 6, 2017
Upgrade, Inc. the new consumer credit platform launched by LendingClub founder Renaud Laplanche earlier this year, today announced the appointment of John Dye as General Counsel. Prior to joining Upgrade, John was Executive Vice President, General Counsel and Secretary of The Western Union Company…
Upgrade, Inc. Launches New Consumer Credit Platform
New platform to combine consumer loans with credit monitoring and credit education features
San Francisco – April 6, 2017
Upgrade, Inc. today announced the launch of a new consumer credit platform that combines a marketplace lending approach with tools that help consumers understand and monitor their credit. “We are excited to introduce innovations that help consumers better understand their credit potential, unlock…