LendUp

Y Combinator // YC W12 starting 2012-01-01


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.

View details on Crunchbase:

http://www.crunchbase.com/organization/lendup

$ 420,599,981 over 10 funding rounds.

Angellist Page:

https://angel.co/lendup


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

Investors

Round Date Round Name Investor Crunchbase Link


Contact Jed if you have updated information for LendUp

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