apposters.com
LendUp
Edit

LendUp

http://www.lendup.com/
Last activity: 14.05.2024
Active
Categories: DataEdTechFinTechFirmHealthTechInvestmentLegalTechProductServiceTechnology
LendUp is a licensed lender in several states and is licensed by the California Department of Business Oversight under the Deferred Deposit Transaction Law and California Finance Lenders Law.

Please refer to LendUp's website at www.lendup.com for additional license information.


Last year, 15 million Americans used a payday loan. Many of these people were looking for a simple fix to a short-term financial problem, but ended up trapped in long-term debt caused by hidden fees, costly rollovers and opaque terms and conditions.

This is a big problem.

We have a solution: Ladders, not chutes.

At LendUp we believe there are two types of financial products: chutes and ladders. Ladders help people up, chutes push people down. One of our core values is that every product we offer at LendUp is a ladder, measured by the long-term financial wellbeing of our customers. LendUp loans are a stepping-stone towards better credit, and all the products we offer are in service of commitment to getting our customers to a better financial state.
Why are good, honest people still paying for less responsible borrowers through higher interest and higher fees? We think that is simply not fair. So we are doing something about it.

We built a business that succeeds when our customers succeed, not when they stay in debt.
Likes
8.72K
Followers
3.49K
Followers
11.49K
Website visits
24.8K /mo.
Mentions
61
Location: United States, California, Oakland
Employees: 51-200
Phone: +1 855-253-6387
Total raised: $686.5M
Founded date: 2012

Investors 12

Show more

Funding Rounds 6

DateSeriesAmountInvestors
02.10.2018-$325M-
03.03.2017-$100M-
23.08.2016Series C$47.5M-
20.01.2016Series B$150M-
04.05.2014-$50M-
14.11.2013Series A$14MDCVC

Mentions in press and media 61

DateTitleDescription
14.05.2024Fintech Rises as Most Equitable Field for Female-Founded Startups-
15.05.2019Greedy VC Doesn't Pay: But Impact DoesImpact Report Kapor Capital
29.03.2019How This Female Fintech Exec Conquered Her Imposter Syndrome to Succeed In Silicon ValleyJotaka Eaddy arrived in Silicon Valley after years of working for groups like community organizer USAction and the NAACP. But despite her formidable accomplishments, she couldn’t help second-guessing herself in tech, an industry facing a ch...
14.01.2019LendUp Receives Investment; Launches Credit Card BusinessLendUp, a San Francisco, CA-based financial technology company for the emerging middle class, received an investment of undisclosed amount. The round was led by LL Funds LLC and Invus Opportunities, with participation from QED Investors. Th...
14.01.2019Top startup news for today, Monday, January 14, 2019Good morning! Here are some of the top technology startup news stories for today, Monday, January 14. Badi, a “Tinder-style” matching app for tenants, raises £24 million. Badi, a Barcelona-based startup and the developer of new rental app ...
10.01.2019Daily funding roundup - January 10th, 2019Mr Jeff raised $12M; TemperPack raised $22.5M; Emeritus raised $40M; Vena Solutions raised $115M Mr Jeff: Mr Jeff provides dry cleaning and laundry services online and at home in Spain, Peru, Mexico, Brazil and Colombia. Mr Jeff has raised ...
17.10.2018Q&A with Sasha Orloff, cofounder and CEO of LendUpWe put together a list of the top YC companies by valuation as of October 2018. You can see that list at https://ycombinator.com/topcompanies. Here’s a Q&A with Sasha Orloff, cofounder and CEO of LendUp, one of the companies featured o...
31.01.2018Providing Fair Financial Products for the 56% of the US Without Access to Them – Jake Rosenberg of LendUpJake Rosenberg is the cofounder and CTO of LendUp (W12). They provide access to quality credit cards and loans without hidden fees or debt traps. Their customers are the 56% of Americans that have what is described as a “subprime” credit sc...
31.01.2018Providing Fair Financial Products for the 56% of the US Without Access to Them - Jake Rosenberg of LendUp Subscribe TranscriptJake Rosenberg is the cofounder and CTO of LendUp (W12). They provide access to quality credit cards and loans without hidden fees or debt traps. Their customers are the 56% of Americans that have what is described as a “subprime” credit sc...
20.09.2017LendUp Appoints Jotaka Eaddy As New VP of Policy, Strategic Engagement & ImpactLendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Wednesday it has appointed Jotaka Eaddy as its new Vice President of Policy, Strategic Engagement, and Impa...
Show more

Reviews 0

Sign up to leave a review

Sign up Log In