Sunday, January 17, 2021

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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

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