Another credit-focused startup that has been crossing over into digital banking is Upgrade.
The coronavirus has pushed up Upgrade's product roadmap and to fuel expansion of its credit card business and launch checking accounts, the firm raised a $40 million Series D.
Upgrade is projecting it will generate $160 million of revenue in 2020, more than 2.5x 2019's revenues of $60 million. Upgrade also reports it has issued $3 billion in credit and consumer inquiries top 10 million since launching in 2017.
Fin Rev
Upgrade Doubles Down on Digital Banking
How do you rate this article?
4
Reward the author with $0.01 in crypto, and earn yourself as you read!
% to author / 80% to me.Rewards are FREE. Publish0x pays them, not you.
Page not displaying correctly?