San Francisco based credit and mobile banking company raised $280m in Series F funding led by Coatue.
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Upgrade raises $280m in Series F funding
"Upgrade is an exciting example of a credit-led neobank" said Philippe Laffont, founder and CEO of Coatue Management. "Credit is a key component of banking and has been a major source of revenue for banks. We are excited by Upgrade's innovative credit products that we believe can help the company capture a significant share of the mobile banking market".
