An innovative new Y Combinator-incubated startup is going into the fintech scene today, looking to disrupt payday advances and customer finance. LendUp, is leveraging technology to redefine the payday financing experience, bringing a unique amount of innovation and transparency to a business that desperately requires interruption. As well as the San Francisco-based startup is starting today with capital from a remarkable set of VC organizations and angels including Y Combinator, Kleiner Perkins, Yuri MilnerвЂ™s Startfund, Andreessen Horowitz, Bing Ventures, Thomvest Ventures, Kapor Capital, Bronze Investments, Founders CoOp, information Collective, Garry Tan, Harj Taggar, Alexis Ohanian yet others.
At a simple degree, LendUp is direct loan provider and has now developed a method to utilize small-dollar loans as a chance for customers to create credit and go within the ladder that is financial. Weiterlesen