Upgrade CEO: $165 Million Raise Likely ‘Last Pre-IPO’

BloombergThursday, October 16, 2025 at 7:32:12 PM
Upgrade CEO: $165 Million Raise Likely ‘Last Pre-IPO’
Neobank startup Upgrade has successfully raised $165 million in its latest funding round, bringing its valuation to an impressive $7.3 billion. CEO Renaud Laplanche indicated that this funding is likely the final step before the company goes public, which is exciting news for investors and the fintech sector. This move not only highlights Upgrade's growth potential but also signals a strong market interest in innovative banking solutions.
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