LendUp Raises $14M From Yahoo Ventures, Information Collective To Disrupt Payday Lending

LendUp Raises $14M From Yahoo Ventures, Information Collective To Disrupt Payday Lending

Y Combinator-incubated payday loans disruptier LendUp have increased $14 million in new financial support from Bing Ventures, QED (a firm which includes the president of funds One and information Collective. This delivers the company’s full money to around $18 million.

Versus push People in the us to make to predatory lenders and financial institutions, and their high rates of interest, LendUp would like to provide those finding a speedy resolve to a temporary monetary requirement an effective way to take a loan without undetectable costs, costly rollovers and high-interest prices. Read more