November 16 - 13:11
Fintech Upgrade raises $280m on $6bn valuation
US fintech Upgrade has announced that it raised a $280m Series F round at a $6bn valuation. Upgrade enables customers to turn credit card balances int fixed-rate instalment plans that work like loans. The round was led by Coatue Management and DST Global. Upgrade has delivered over $10bn in credit to consumers through cards and loans since inception in 2017.
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