Updraft

Updraft

A part lending, part credit report and part financial planning app for millennials.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-285 %(74 %)
EBITDA000000000000
% EBITDA margin(127 %)(79 %)-
Profit000000000000
% profit margin(48 %)(78 %)-
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article, Dealroom estimates

More about Updraft
Made with AI
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Updraft is a financial technology company that provides a mobile application designed to help users manage and pay off their borrowings efficiently. The app offers personalized credit insights, allowing users to understand how their financial profile is viewed by lenders. By providing tailored guidance, Updraft aims to help users break free from high-interest credit card debt and achieve their life goals more quickly. The company operates in the personal finance market, targeting individuals looking for smarter ways to manage their debt and improve their financial health. Updraft generates revenue through its credit products and financial services, which are designed to offer better terms than traditional banking options. The business model focuses on user engagement and satisfaction, leveraging technology to create a more human-like interaction experience.

Keywords: financial technology, debt management, credit insights, personal finance, mobile app, high-interest debt, financial health, user engagement, personalized guidance, fintech.

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