LendUp builds technology to expand access and choice among the customers banks and credit unions decline.
Their first product is a socially responsible alternative to payday loans called The LendUp Ladder. 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… · More build credit through education, gamification and a transparent fee structure. LendUp is located in downtown San Francisco and is backed by prominent Silicon Valley investors such as Y-Combinator, Google Ventures, Kleiner Perkins, Andreessen Horowitz Seed Fund, Startfund, Data Collective, Kapor Capital, Eagle Cliff Partners, Susa Ventures, SVAngel, Thomvest Ventures, Founders Coop, AFSquare, among other highly regarded angel investors and entrepreneurs.
April 2018—Offer LendUp customers the opportunity to save
LendUp, a fast-growing financial services firm for the emerging middle class, and EARN, a national nonprofit empowering low-income Americans to take charge… · More of their financial lives through savings, today announced a partnership to offer LendUp customers, who represent the nearly half of Americans with subprime credit scores, the opportunity to begin saving with EARN’s SaverLife program.