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Upgrade, Inc.

Financial Services

Upgrade Stock

Upgrade, Inc. offers a comprehensive range of financial products including personal loans, various card options with cash rewards, and advanced checking and savings accounts that optimize financial health through innovative tools and rewards. Aimed at enhancing customer financial experiences, Upgrade combines technology-driven solutions with user-friendly services to address diverse financial needs effectively.

Founded: 2016

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Upgrade Company Overview

Based in San Francisco, Upgrade, Inc. is a fintech company that provides a variety of financial services aimed at improving personal credit and financial outcomes. The company offers products such as personal loans, auto refinance loans, and bespoke credit lines; all structured to cater to the individual needs of consumers seeking financial stability and growth. Notably, their product suite includes the Upgrade Card, which integrates the flexibility of a credit card with the low cost of a loan, and features like up to 3% cash back on payments. Upgrade's checking and savings accounts are provided by Cross River Bank, and they offer unique features like no fees and high yields on savings through performance accounts, enhancing their attractiveness to savvy savers. The company emphasizes consumer credit health with dedicated tools for monitoring and insights, which are essential for users to understand and improve their credit scores. The founders, Renaud Laplanche and other veterans in the fintech space, bring a wealth of experience from previous successful ventures, infusing Upgrade with a strong foundation in financial innovation. As of early 2024, Upgrade has served over 2.5 million customers and facilitated more than $27 billion in loans, underscoring its significant impact on the personal finance sector. The company remains committed to providing products that are not only financially beneficial but also enhance the overall user experience through intuitive design and responsible lending practices.

Management Team

Renaud Laplanche Co-Founder, CEO
Thomas Curran Chief Risk Officer
Myles Reaz Chief Credit Officer
Jeff Bogan Co-Founder, CFO
Matt Wierman Co-Founder, Head of Personal Loans
Visar Nimani Co-Founder, CTO
Adelina Grozdanova Co-Founder, Head of Investor Group
Sudip Lahiri Controller
Soul Htite Co-Founder

Funding Information