Upgrade Acquires Uplift for $100 Million
July 27, 2023
Upgrade, Inc. acquired Uplift, Inc. — a travel-focused Buy Now Pay Later (BNPL) provider — for $100 million in cash and stock. The deal brings Uplift's travel financing capabilities (serving ~3.3 million customers and 300+ travel partners) into Upgrade to expand point-of-sale credit offerings for travel and adjacent consumer finance markets.
- Buyers
- Upgrade, Inc.
- Targets
- Uplift, Inc.
- Industry
- Payments & Fintech
- Location
- California, United States
- Transaction Type
- Buyout
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