Tech Company Financing Transactions
LendUp Funding Round
LendUp, operating out of Oakland, secured $50 million from Y Combinator and private investors.
Transaction Overview
Company Name
Announced On
8/24/2016
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Y Combinator (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1750 Bdwy. 300
Oakland, CA 94612
USA
Oakland, CA 94612
USA
Phone
Undisclosed
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sasha Orloff
Chief Operating Officer
Sharon Olexy
Chief Technical Officer
Jacob Rosenberg
VP - Engineering
Lalit Kumar
Browse more venture capital transactions:
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Next: 8/24/2016: SmartEquip venture capital transaction
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