London Fintech Updraft Wants To Lend £200M To Uk Users In 2022; Raises £72M Funding
Amount Raised
£72 Million
Round Type
Funding Round
LondonFinancial ServicesDescription
London-based Updraft, a financial wellness app enables its members to understand their financial profile, forge positive habits with their money, and make changes that pay off for the long term. Now, the company has just announced its largest investment round to date by raising £72 million in equity and debt funding. Updraft is also raising further equity to scale the business.
Quick answer
Updraft raised £72 Million in a Funding Round round, dated October 21, 2021. Updraft is based in London, England, United Kingdom.
- How much did Updraft raise?
- Updraft raised £72 Million in a Funding Round round on October 21, 2021.
- What does Updraft do?
- Updraft is a part lending, part credit report, and part financial planning app for millennials.
- Where is Updraft based and how big is it?
- Updraft is based in London, England, United Kingdom.
- Who are the decision-makers at Updraft?
- Fundz holds 1 contact at Updraft. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as Updraft that raised within 45 days of this round, from Fundz verified event records.
- Space Bd raised $9M (Funding Round) on December 5, 2021.
- Sadot Group raised $15M on December 3, 2021.
- People Fund Company raised an undisclosed amount (Series C) on December 3, 2021.
- The Kraft Heinz raised an undisclosed amount (Debt Financing) on December 3, 2021.
- Venture Count raised an undisclosed amount (Corporate Round) on December 2, 2021.
- Instamart raised $700M (Funding Round) on December 2, 2021.
Who to call at Updraft, and when
A new round usually means Updraft is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Updraft raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Updraft, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Updraft. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Updraft raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Updraft raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.