Consumer credit platform Upgrade nets $60 mln

Upgrade, a newly launched consumer credit platform, has raised $60 million in funding. The investors included Apoletto, Credit Ease, FirstMark Capital, Noah Holdings, Ribbit Capital, Sands Capital Ventures, Silicon Valley Bank, Union Square Ventures, Uprising and Vy Capital. Upgrade was founded by CEO Renaud Laplanche, former CEO and Chairman of Lending Club.

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