Founded in 2017 by co-founder and former CEO of LendingClub, Renaud Laplanche, Upgrade is a neobank that aims to help consumers better understand and manage their finances. The company provides a range of accessible financial products, including personal loans with fixed rates, the Upgrade Card which combines the flexibility of a credit card with the predictability of a personal loan, and a rewards checking account with no monthly fees. Upgrade is not a bank itself; it partners with FDIC-insured banks and credit unions to originate its loans and banking products. Its mission is to unlock the potential of credit for consumers and build a new generation of financial services.

Founded in

United States