Reported 14 days ago
Fintech company Upgrade has successfully raised $165 million in its latest funding round, nearly four years after its previous financing during the fintech boom of 2021. The funding values Upgrade at $7.3 billion pre-money and indicates the company's preparations for an IPO within the next 12 to 18 months. The investment landscape has shifted significantly since 2021, but a recent rebound in equities and easing macroeconomic concerns have revived interest in IPOs, particularly in the fintech space.
Source: YAHOO