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688 Updraft closes £272m debt and equity deal to support lending

UK Tech News
Oscar Hornstein @ UK Tech News · 12/20/2023 06:23 EDT

Updraft closes £272m debt and equity deal to support lending

Updraft, a fintech offering consumer lending and financial planning services, has raised £272m in a joint debt and equity round. Founded in 2017, Updraft aims to offer lower-cost credit options and provide tools that improve spending and savings habits. Updraft uses open banking to put customer credit data into a report that offers advice and ...

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