Key notes: LendUp is a socially responsible lender for the 56% of Americans shut out of mainstream banking due to low credit or volatile income.
Office address: 225 Bush St., 11th Floor, San Francisco, California, United States
Description: LendUp’s mission is to provide anyone with a path to better financial health. We build technology, credit products and educational experiences for the 56% of the US population who are shut out of mainstream banking because of poor credit or volatile incomes. All of our technology is built in-house. We currently offer several types of credit products, including loans and credit cards. We embed education into our products, and where available, credit building opportunities, to help borrowers improve their long-term financial health and break out of vicious debt cycles. We were founded by two step-brothers, CEO Sasha Orloff and CTO Jake Rosenberg. Sasha puts the “fin” in fintech, having worked at Citi, World Bank, and Grameen Bank. Jake puts the “tech” in fintech; he was a platform CTO at Zynga at 29 and began working at Yahoo! at age 16, as employee #80.
http://www.crunchbase.com/organization/lendup
$ 420,599,981 over 10 funding rounds.
Date | Name | $ Invested | Crunchbase link |
---|---|---|---|
2017-03-02 | None | $ 100,000,000 | Detailed data |
2013-11-06 | A | Detailed data | |
2017-06-28 | None | Detailed data | |
2012-10-10 | None | Detailed data | |
2016-01-19 | None | $ 100,000,000 | Detailed data |
2015-04-01 | B | $ 59,099,981 | Detailed data |
2016-01-20 | B | $ 50,000,000 | Detailed data |
2016-08-22 | C | $ 47,500,000 | Detailed data |
2013-11-12 | A | $ 14,000,000 | Detailed data |
2014-04-28 | None | $ 50,000,000 | Detailed data |
Round Date | Round Name | Investor | Crunchbase Link |
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To update the information on funding or number of employees, please do that directly on Crunchbase.
Created: 11-Jul-2012, 22:12
Last Crunchbase update: 19-Sep-2019, 05:08
Last modified: 04-Mar-2021, 05:08
Country: USA