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startups venture capital

Neobank Startup Upgrade Valued at $1 Billion

By
Kate Clark
· · Source: The Information

Upgrade, which issues credit cards and personal loans, has raised $40 million in Series D funding at a valuation of $1 billion, the company announced on Wednesday. Santander InnoVentures, the venture arm of Spanish commercial bank Santander Group, led the round, with participation from existing investors Ribbit Capital, Union Square Ventures, Silicon Valley Bank and others. The San...

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