Upgrade

Upgrade is an online lending company that offers personal loans and credit monitoring.

Upgrade is an online lending platform that combines personal loans with free credit monitoring, helping people secure more affordable credit in the long run. The company launched in April 2017 and raised $60 million in Series A funding - the largest ever Series A investment in a US fintech company. Upgrade offers loans up to $50,000 with low fixed rates, affordable monthly payments and no prepayment fees. Our one-page online application is quick and easy, and you’ll get a decision in just seconds - with no negative impact on your credit score. With repayments plans of either 36 or 60 months, you get to choose the loan that fits your budget and timeline. After approval, your loan will be funded the next day and you can use your funds to pay off credit cards, for major purchases or home improvement. Two members of our founding team, Renaud Laplanche and Soul Htite, are the co-founders of Lending Club, a pioneer in marketplace lending that facilitated over $31 billion in loans and made credit more affordable for nearly 2 million American families over the last decade. Soul also founded Dianrong, one of the largest marketplace lending platforms in China. Our founders have now designed a new credit platform that attempts to create even more value to our customers and be more helpful to more people.