LendUp Secures $150,000,000 Series B Funding Round

  • Feed Type
  • Date
    1/20/2016
  • Company Name
    LendUp
  • Mailing Address
    225 Bush St. 11th Floor San Francisco, CA 94104 USA
  • Company Description
    The LendUp Ladder changes the dynamics of the small dollar loan: rather than being a dangerous first step into a cycle of debt, it becomes an opportunity to learn good financial behavior and to build credit through education, gamification and a transparent fee structure.
  • Website
    http://www.lendup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $150,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    This raise allows us to continue our rapid growth by hiring even smarter, mission-aligned people who want to make a positive impact on the world while solving complex finance and software problems.
  • M&A Terms
  • Venture Investor
    Susa Ventures
  • Venture Investor
    Data Collective
  • Venture Investor
    GV
  • Venture Investor
    QED Investors
  • Venture Investor
    Kapor Capital
  • Venture Investor
    SV Angel