Funding History
Round Size Investors Date
US$47.5m YC Continuity 24 Aug 2016
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Latest Editorial10

LendUp Gathers USD47.5m For Subprime Credit-Card Push

San Francisco-based lender, LendUp, raised USD47.5m in an equity deal led by YC Continuity, the later-stage VC fund of tech start-up incubator Y Combinator. LendUp will use the funds to build LCard, a credit card for subprime borrowers, with a companion...

Read More24 Aug 16
Borrowed Money - 5 Most-Interesting Recent Lending Deals

It was a mixed start to the year from fintech. For fintech firms in China it’s a strong start to the year, with several picking up huge USD1bn+ rounds, while other fintech-focused regions saw falls in funding levels. Lending firms continue to pick up...

Read More12 Apr 16
7 Significant Fintech Investments in 2016

Online lenders in China, a New York robo-advisor and a UK challenger bank. These were the most important fintech deals in a very impressive Q1. Fintech Q1 At A Glance > Fintech companies raised USD2.6bn in Q1 > Average round size was USD24m > Median...

Read More01 Apr 16
US Fintech Firm Lendup Scoops USD50m

San Francisco-based fintech company, LendUp has scooped up USD50m in funding from investors including Susa Ventures, Data Collective, GV, QED, Kapor Capital, Victory Park Capital and SV Angel. LendUp will use the capital to expand its platform to...

Read More21 Jan 16
3 Areas Of Fintech Google Is Dying To Disrupt

Google is making another play for financial services by opening a mortgage comparison service. It only works in its home state of California, but Google doesn’t do small and is no doubt prepping a national roll-out. Google’s size, cash reserves and...

Read More24 Nov 15
10 Hot San Francisco Startups To Watch

It might be swathed in dense freezing fog half the time, but San Francisco continues to produce among the most clear-sighted and audacious tech teams on the planet. The proliferation of accelerators, the encouragement of failure and availability of...

Read More20 Aug 14
INTERVIEW: LendUp Talks Fixing Payday Loans

The first generation of payday loans companies met a storm of criticism for charging exorbitant interest and preying on vulnerable customers. Now, San Francisco-based LendUp is looking to fix all the things that are broken about payday loans, putting a...

Read More01 Aug 14
LendUp snares USD50m for online loans

LendUp, an online loan company, has snared USD50m from Victory Park Capital. This is in addition to the USD18m it has already raised from Google Ventures, Data Collective and QED. LendUp says it offers a low cost service with no hidden fees to the...

Read More29 Apr 14
LendUp snares USD14m for online loans

LendUp, an alternative to payday loans platform, has raised USD14m in series A funding. Google Ventures led the round with contribution from Data Collective and QED Investors. The San Francisco-based firm plans to use the capital for recruitment,...

Read More13 Nov 13
Lendup bags funding for small loans service

Lendup has raised an undisclosed amount of seed funding to launch its short term loans service. Investors include Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Google Ventures, Thomvest Ventures, Kapor Capital, Bronze Investments, Founders...

Read More10 Oct 12