Fintech Upgrade Aims for IPO After $165 Million Funding Round
Photo by Declan Sun on Unsplash
Upgrade, a fintech company, has obtained $165 million in a funding round, marking their first external funding in nearly four years, as reported by Reuters. Bolstered by this investment, the company plans to launch an IPO within the next 12 to 18 months.
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Key takeaways
- Fintech firm Upgrade has secured $165 million in a new funding round, according to Reuters
- This represents the company's first external financing in almost four years
- Upgrade intends to pursue an initial public offering (IPO) within the next 12 to 18 months, demonstrating strong confidence in its future growth
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