Reported 14 days ago
Upgrade Inc., a financial-technology startup, has raised $165 million in funding, enhancing its valuation to over $7.3 billion as it prepares for a potential IPO in the next 12 to 24 months. Led by Neuberger, the funding will provide financial support for the company's growth and liquidity for employees. Founded in 2017, Upgrade focuses on extending credit to mainstream U.S. consumers and has issued more than $42 billion in credit to over 7.5 million customers.
Source: YAHOO