Upgrade news and trends

BNPL Field Gets Crowded as the Payment Method’s Popularity Among Travelers Grows
BNPL // December 15, 2023

One constant through the past few months, even in the paycheck-to-paycheck economy, has been the urge to travel, to get away from it all, to cross borders and to have new experiences. But there’s a marked evolution in how we finance those trips — by...

Upgrade Offers Secured Card With Rewards and Fraud Protection
Payment Methods // December 13, 2023

FinTech company Upgrade has launched a secured version of its Upgrade OneCard. The new Secured OneCard is designed for consumers who have little or no credit history, the company said in a Wednesday (Dec. 13) press release emailed to PYMNTS. “We believe Secured OneCard is...

Upgrade’s $100M Deal for Uplift Brings BNPL for Travelers Into the Fold
BNPL // July 27, 2023

The build vs. buy debate is a perennial one in technology, and in payments.  For neobank Upgrade, in the bid to extend its credit, mobile banking and payment products to more consumers, and to broaden its own portfolio of payment options — specifically in the...

MoneyLion Still Rules Atop the PYMNTS Personal Loan App Provider Ranking
Mobile // April 27, 2023

Sometimes change is a good thing, and sometimes entire business sectors find their level and stick with it. Until something changes. Change isn’t in the cards for this edition of the PYMNTS Provider Ranking of Personal Loan Apps, where not a single app in this...

Interviews & Exclusives
Upgrade’s $100M Deal for Uplift Brings BNPL for Travelers Into the Fold

July 27, 2023
The build vs. buy debate is a perennial one in technology, and in payments.  For neobank Upgrade, in the bid to extend its credit, mobile banking and payment products to more consumers, and to broaden its own portfolio of payment options — specifically in the red-hot buy now, pay later (BNPL) space — the decision […]

Biometric Onboarding Seen as Must-Have in FinTech Fight Over Identity Theft

December 15, 2021
Digital-first businesses were better equipped to take advantage of new market opportunities unleashed during the pandemic. In the past year, 92% of consumers made an online purchase, while 85% performed...

Upgrade’s New Debit Rewards Product Takes New Approach To Mobile Banking

January 14, 2021
There is no shortage of digital-only banks offering a smoother onboarding process, a slick mobile interface and fee waivers in an effort to tempt consumers to leave their traditional bank....

Upgrade Rewards Cardholders For Paying Down Debt

October 29, 2020
The pandemic has changed all kinds of things about consumers. They’re more concerned for protecting their health, they’re working remotely, they’ve relocated most of their commerce lives online and on...

Quick Reads
Upgrade Valued at $7.3 Billion After $165 Million Funding Round Led by Neuberger

October 16, 2025
Upgrade has raised $165 million in a new funding round that values the FinTech at more than $7.3 billion, according to Bloomberg. The round, led by Neuberger Berman’s NB Alternatives Advisers, positions the San Francisco-based company for a potential initial public offering (IPO) within the next two years. As part of the transaction, Peter Sterling, […]

Upgrade Offers Secured Card With Rewards and Fraud Protection

December 13, 2023
FinTech company Upgrade has launched a secured version of its Upgrade OneCard. The new Secured OneCard is designed for consumers who have little or no credit history, the company said...

Upgrade Offers OneCard for Single Platform Budgeting, Rewards

July 27, 2022
Challenger bank Upgrade is launching OneCard, a new product that provides users with a single card for daily expenses and making payments over time. “When paying for everyday expenses, consumers...

Upgrade Teams With Northwoods Credit Union for 100th CU Partnership

March 30, 2022
FinTech Upgrade, Inc., unveiled the addition of Northwoods Credit Union as its 100th credit union (CU) partner on Wednesday (March 30), according to a joint press release. Upgrade’s partnerships with...