Pay off your overdraft and credit cards and get closer to your money.
Updraft wants to help customers get rid of spend-linked borrowings such as credit cards, overdrafts and increasingly, the buy now pay later schemes often found on ecommerce sites. Using open banking and credit report data, it automatically builds a 360-degree picture of a user’s spending and borrowing and provides a series of interventions designed to lift the consumer back into the black.
The financial wellness platform hopes to wean users away from high-interest borrowing.
Updraft, the financial app provider, has confirmed its largest investment round, securing £72 million in equity and debt, in order to support its expansion and …
Updraft, the financial app today announces its largest investment round to date, raising £72 million in equity and debt, to fuel its expansion and help …
Digital payment companies, health insurance entities, and relief funds gained the most popularity and investment amidst the pandemic.