San Francisco-based neobank offering personal loans, credit cards and high-yield checking accounts to US consumers.
Upgrade, Inc., founded in 2016 and based in San Francisco, CA, is a neobank offering personal loans, credit cards and high-yield checking accounts to US consumers. Personal loans go up to USD 50,000, with terms of 24 to 84 months and APRs between 7.99% and 35.99%. In October 2025 the company raised USD 165 million in Series G funding led by Neuberger Berman, with participation from LuminArx Capital Management, DST Global and Ribbit Capital, at a post-money valuation of USD 7.3 billion. Stage: Late stage.
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