LendUp
| Industry | Lending |
|---|---|
| Founded | 2012 |
| Headquarters | San Francisco, California |
| Products | Loans |
| Website |
www |
LendUp is a direct lender that provides financial education and gamification for responsible lending behavior.[1]
LendUp loans to customers that banks usually decline,[2] giving borrowers with poor credit scores access to short term loans without hidden fees, rollovers, and high interest rates.[3]
LendUp graduated out of the Y Combinator batch of 2012. It has received seed funding from Kleiner Perkins Caufield & Byers, Google Ventures and Andreessen Horowitz, among others.[1]
References
- 1 2 Gannes, Liz. "Kleiner Perkins, Andreessen Horowitz and Google Ventures Fund Payday Loan Alternative LendUp". October 10, 2012. All Things D. Retrieved 6 August 2013.
- ↑ Farr, Christina. "LendUp Uses 'Big Data' to Bring Better Small Dollar Loans To People In NeedBetter". October 10, 2012. VentureBeat. Retrieved 6 August 2013.
- ↑ Empson, Rip (21 June 2013). "Aiming To Disrupt Payday Lending, a16z-Backed LendUp Now Offers Instant Online And Mobile Loans". Techcrunch. Retrieved 8 January 2016.
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