Updraft is a part lending, part credit report, and part financial planning app for millennials. We turn borrowers into savers.
Updraft has raised €543M across 4 funding rounds from 11 investors, most recently a Debt round in Dec 2023. Based in London, UK; founded 2017; active in Fintech. Data as of 7 Aug 2026.
Timing: dormant vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2023-12-19 | Debt | €316M | Santander Corporate and Investment Banking,Jefferies ,Mezz | View deal → |
| 2022-12-16 | Debt | €124M | Auluk Investment,David Callard,Faber Capital,Hampshire Trust Bank,LC Nueva,Majlis Investments+1 more | View deal → |
| 2021-10-21 | Other | €85M | NatWest Bank,Quilam Capital | View deal → |
| 2020-12-03 | Other | €18M | — | View deal → |
