Upgrade

Upgrade, founded by Renaud Laplanche and Soul Htite, is a consumer credit platform that strives to deliver affordable and responsible credit to their clients. It's an innovative company that offers a suite of credit services including personal loans, credit cards, auto refinance loans, and home improvement loans. The San Francisco-based company, which is not a bank but a financial technology company, partners with Cross River Bank, which is a Member FDIC, to issue Upgrade cards and to provide checking, savings accounts, and personal credit lines.

Beyond offering personal loans with competitive repayment terms and an easy application process, Upgrade additionally provides Upgrade cards, cash rewards, Premier savings, Rewards Checking Plus, auto refinances, and offer an impressive 5.07% APY with no fees for active accounts. They also provide a unique credit product, the Upgrade OneCard, that offers a 'Pay Now or Pay Later' feature, allowing users to choose between immediate repayment or a traditional card payment scheme. This balance between immediate and delayed repayment is quite innovative in the fintech sector, giving the user more control over their credit repayment. Over 2.5 million customers have borrowed over $24 billion with over 39,000 customer reviews testifying to their satisfaction with the company's services.

What sets Upgrade apart from other fintech credit providers is the flexibility and control it offers consumers, as well as its focus on affordable and responsible credit. Providing both personal loans and credit cards, Upgrade also offers rewards and cashback on everyday expenses, a unique feature in the credit market. Additionally, Upgrade lets customers manage their account on the go and boasts a robust and responsive support system. Whether you're a borrower looking for more affordable credit, an investor seeking to capitalize on the fintech market, or a job seeker interested in joining a pioneering fintech company, Upgrade has something for you.

Connect