Fundraising Fox
Updraft
London, GB · 11 known investors
Find your way into Updraft
Sign up to see every warm intro you have to Updraft
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Updraft team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Updraft is a UK financial app offering personal and debt consolidation loans (£1,000–£25,000 over 2–5 years) that let consumers combine credit card balances into a single monthly repayment. Its app uses Open Banking to verify income, show bank accounts and credit cards in one place, and provide a free credit score and report.
Founders & leadership
Investors · 11
How we know: press coverage · Not right? Tell us
How we know: funding news · Not right? Tell us
How we know: press coverage · Not right? Tell us
Also in the syndicate · 8
Funding
SEC filings, press & company announcements- Undisclosed amountSeries ADec 2022
Auluk Investments (lead), Faber Capital (lead), LC Nueva (lead), NatWest (lead)
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Updraft do?
- Updraft is a UK financial app offering personal and debt consolidation loans (£1,000–£25,000 over 2–5 years) that let consumers combine credit card balances into a single monthly repayment. Its app uses Open Banking to verify income, show bank accounts and credit cards in one place, and provide a free credit score and report.
- Who founded Updraft?
- Updraft was founded by Aseem Munshi.
- Who are Updraft's investors?
- Updraft's investors include Quilam Capital, Jefferies, NatWest.
- Where is Updraft headquartered?
- Updraft is headquartered in London, GB.