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Credit card start-up Upgrade jumps 83% in valuation in just four months to $6.28 billion
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cnbc.comUpgrade, the fintech start-up that turns credit card balances into installment loans, has closed a fundraising round that values the company at $6.28 billion, CNBC has learned.
The company raised $280 million in its Series F round led by new investors Coatue Management and DST Global, according to Upgrade CEO Renaud Laplanche. That's an 83% jump from a previous round this year that valued Upgrade at $3.43 billion, he said.
Most of that increase stemmed from steep growth in the San
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