Updraft
Updraft provides a mobile application that offers debt consolidation loans ranging from £1,000 to £25,000 to help UK residents pay off credit card balances. The platform utilizes Open Banking to analyze financial data, allowing users to track bills, monitor their credit reports for free, and manage repayments through a single interface. The service is specifically designed for individuals looking to simplify multiple credit card debts into structured monthly payments with fixed interest rates.
Fintech
Consumer Lending
Personal Finance
Funding summary
- Total raised
- €543.0M
- Funding rounds
- 4
Investors in Updraft
Investors on record for Updraft. Click any investor to view their CAPLINK profile and funding criteria.
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