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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.
HQLondon, GB

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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

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Founding Date


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

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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.