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Updraft

Fintech · London, GB

Consumer lending and financial-management fintech.

Funding history

DateRoundAmount
Jan 2024Debt
UK fintech Updraft closed a £272M debt-and-equity round (incl. a £250M forward-flow with Jefferies and Santander, plus £22M mezzanine/equity led by Quilam Capital).
$345M
Dec 2022Series A
London fintech Updraft raised a £108M Series A in debt and equity, with NatWest leading the debt and LC Nueva, Auluk Investments and Faber Capital leading the equity.
$130M
Dec 2020Seed
London fintech Updraft raised GBP16M in equity and debt, with Quilam Capital leading the debt and the UK Future Fund participating.
$21M

Investors

Auluk InvestmentsFaber CapitalFuture FundJefferies Financial GroupLC NuevaMoreThan CapitalNatWest GroupQuilam CapitalSantander

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