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Upgrade Acquires Uplift For $100 Million In Cash And Stock

PRIVATEJul 27, 2023

Acquiring Company

Upgrade

Acquired Company

Uplift, Inc.

San FranciscoMenlo ParkFinancial ServicesSoftwareFinanceOtherTravel

Description

Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced the acquisition of Uplift, Inc., the leading provider of Buy Now Pay Later (BNPL) payment and credit products to travelers. Uplift has seen exceptional growth over the last few years, now serving 3.3 million customers in partnership with over 300 of the largest airlines, cruise lines and hotel chains in the United States and Canada.

Quick answer

Upgrade is acquiring Uplift, Inc. for $100 million, announced July 27, 2023. Upgrade is based in San Francisco, California, United States.

Who acquired Uplift, Inc?
Upgrade agreed to acquire Uplift, Inc. on July 27, 2023.
How much did Upgrade pay for Uplift, Inc?
The reported deal value is $100 million.
What does Upgrade do?
Upgrade helps customers move in the right direction with affordable and responsible financial products.
Where are Upgrade and Uplift, Inc. based?
Upgrade is based in San Francisco, California, United States. Uplift, Inc. is based in Menlo Park, California, United States.
Who are the decision-makers at Upgrade?
Fundz holds 4 contacts at Upgrade. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Finance

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Upgrade

Location

275 Battery Street

San Francisco, California, United States

About

Upgrade helps customers move in the right direction with affordable and responsible financial products. Since 2017, we’ve helped over 7.5 million customers access over $42 billion in consumer credit. With a relentless focus on improving our customers' financial well-being, we build products that put more money in their pocket and support their journey toward a better financial future.

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Related People

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Frequently asked

Who acquired Uplift, Inc.?

Uplift, Inc. was acquired by Upgrade, based in San Francisco. The deal was reported on July 27, 2023. Upgrade helps customers move in the right direction with affordable and responsible financial products. Since 2017, we’ve helped over 7.5 million customers access over $42 billion in consumer credit. Upgrade is privately held and operates in Financial Services.

When did Upgrade acquire Uplift, Inc.?

Upgrade's acquisition of Uplift, Inc. was reported on July 27, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Uplift, Inc. do?

Uplift makes travel more accessible, affordable and rewarding by enabling travel providers to offer flexible payments to their customers. It is privately held, operating in Other, and is based in Menlo Park.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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