OverviewSuggest Edit

Updraft is a financial wellness app that helps its users build good financial habits. It assists users in getting out of overdrafts, credit cards, and other unsecured debt.
TypePrivate
Founded2017
HQLondon, GB
Websiteupdraft.com

Latest Updates

Employees (est.) (Jul 2021)23(+22%)
Cybersecurity ratingBMore

Updraft Office Locations

Updraft has an office in London
London, GB (HQ)
22 Wenlock Rd, Hoxton
London, GB
The Harley Building, 77 New Cavendish St
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Updraft Financials and Metrics

Summary Metrics

Founding Date

2017

Updraft total Funding

$21.5 m

Updraft latest funding size

$21.49 m

Time since last funding

8 months ago

Updraft investors

Updraft's latest funding round in December 2020 was reported to be $21.5 m. In total, Updraft has raised $21.5 m
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Updraft Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

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Updraft Online and Social Media Presence

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Updraft News and Updates

Updraft raises £16m to help Brits break up with their credit cards

Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.

London-based fintech startup Updraft raises £16 million to ‘help people break up with their credit cards’

UK-based fintech upstart Updraft, which offers an app that it says is “part lending, part credit report, and part financial planning”, has scored £16 million in funding to help people steer clear of avoidable credit card and overdraft charges. The startup essentially wants to help customers get rid …

Updraft Frequently Asked Questions

  • When was Updraft founded?

    Updraft was founded in 2017.

  • How many employees does Updraft have?

    Updraft has 23 employees.

  • Who are Updraft competitors?

    Competitors of Updraft include WeMoney, Xpensio and Bankify.

  • Where is Updraft headquarters?

    Updraft headquarters is located at 22 Wenlock Rd, Hoxton, London.

  • Where are Updraft offices?

    Updraft has an office in London.

  • How many offices does Updraft have?

    Updraft has 2 offices.