Uplift

Uplift

UpLift is partnering with merchants to empower payment influence. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€91m (Public information from Aug 2023)
Menlo Park California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20232024
Revenues120m240m
% growth-100 %
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DateInvestorsAmountRound
-

N/A

-

$8.2m

Series A

$15.0m

Series B
N/A

$75.0m

Lending Capital

$1.3m

Seed

$123m

Series C
N/A

$150m

Debt

$68.0m

Debt
*

$100m

Valuation: $100m

Acquisition
Total Funding€134m

Recent News about Uplift

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More about Upliftinfo icon
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Uplift is a financial technology (fintech) company that specializes in providing travel financing solutions. The company operates in the travel and tourism market, offering a unique service that allows customers to book their travel experiences now and pay for them over time. This service is particularly appealing to travelers who want to manage their expenses more effectively by spreading the cost of their trips over several months.

Uplift serves a diverse range of clients, including individual travelers and families looking to finance their vacations, as well as travel agencies and tour operators who want to offer flexible payment options to their customers. By partnering with various travel providers, Uplift integrates its financing solutions directly into the booking process, making it seamless for customers to choose a payment plan that suits their budget.

The business model of Uplift revolves around offering installment loans for travel-related expenses. When a customer books a trip through a partner travel provider, they have the option to finance the cost through Uplift. The company makes money by charging interest on these loans, with Annual Percentage Rates (APRs) ranging from 4.01% to 35.99%, depending on the customer's creditworthiness and other factors. Additionally, Uplift may charge origination fees, which are small upfront fees included in the loan amount.

Uplift's revenue is generated through the interest payments made by customers over the life of the loan. The company also benefits from origination fees, which provide an immediate source of income. By offering competitive interest rates and flexible payment plans, Uplift aims to make travel more accessible and affordable for a broader audience.

In summary, Uplift is a fintech company that provides travel financing solutions, serving individual travelers and travel agencies, operating in the travel and tourism market, and generating revenue through interest and origination fees.

Keywords: travel financing, fintech, installment loans, travel expenses, flexible payment, interest rates, origination fees, travel agencies, tourism market, customer creditworthiness.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.