LendUp Obtains $50,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92bd3583-f162-4e53-b4b6-3b71f349c3a6 -
Date
8/24/2016 -
Company Name
LendUp -
Mailing Address
237 Kearny St San Francisco, CA 94108 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
$50,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Y Combinator -
Venture Investor
Undisclosed
