Updraft’s Mission to Break the Debt Cycle: A £72m Milestone
The UK currently faces a significant debt challenge, with credit card and overdraft balances estimated to be around £50 billion. Updraft’s goal is to lend £200 million annually to help reduce these high-interest borrowings. Updraft secures ВЈ72m investment in NatWest-led ...
Updraft secures £72m investment in NatWest-led funding round Updraft’s Mission to Break the Debt Cycle: A
Founded in 2017 and headquartered in London, Updraft isn't just another lending app. It is designed specifically for "multi-card jugglers"—people managing multiple credit cards and overdrafts who want a lower-cost way to pay them off. Updraft secures ВЈ72m investment in NatWest-led ...