BankingBusiness

Uplift: Secures $68m credit line

  • Uplift, the leading enterprise Buy Now, Pay Later (BNPL) solution serving over 100 of the world’s top travel brands
  • Announced they have secured a new $68 million credit line from Atalaya Capital Management
  • Uplift is among a class of prominent Buy Now, Pay Later companies that are experiencing rapid growth to meet consumer demand
  • To date, Uplift has raised a total of approximately $695 million since its founding in 2014
  • The additional funds will help Uplift extend financing to Uplift customers who want to book now and pay overtime for travel purchases in the New Year
  • Uplift has partnerships with major travel brands, including airlines, cruise lines, and hospitality companies
Previous article
CSI: Reports Record Revenues And Net Income For Third Quarter
Next article
Cortilia: Closes €34M Series C Financing
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Cash App Strengthens Parental Control with Managed Accounts for Kids

New feature allows parents to set up and oversee accounts for their children.Highlights: Cash App introduces parent-managed accounts...
FinTech

Visa and TikTok Launch Creator Card, Enhancing Monetization for Influencers

New financial tool aims to streamline earnings for content creators.Highlights: Visa and TikTok have launched the new Creator...
FinTech

Nium and Coinbase Strengthen Global Stablecoin Settlement Partnership

The collaboration aims to enhance cross-border payments using stablecoins.Highlights: Nium partners with Coinbase to optimize stablecoin settlements.The collaboration...
FinTech

FCA Announces Second Cohort for AI Live Testing Initiative

New phase aims to improve integration of AI in financial services.Highlights: FCA launches second cohort for AI live...