Upgrade Raises $240 Million at $6 Billion Valuation

Upgrade, Inc., a fintech company that offers affordable and responsible credit and mobile banking to mainstream consumers, today announced that it raised a $280 million Series F round at a $6 billion pre-money valuation.

The round was led by Coatue Management and DST Global. Dragoneer Investment Group and existing investors including Gopher Asset Management, G-Squared, Koch Disruptive Technologies, Old Well Partners, Ribbit Capital, Sands Capital, Ventura Capital and Vy Capital also participated in the round.

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