Upgrade, Inc. (“Upgrade”) is an online marketplace platform that provides access to affordable and responsible credit, mobile banking, and payment products with free credit monitoring and education. Upgrade is a financial technology company, not a bank.
We partner with banks and other financial institutions who originate loans, provide deposit accounts, and other services obtained through Upgrade. Upgrade (NMLS #1548935) holds the following state licenses and does business under the following DBAs.
Cross River Bank, a New Jersey state-chartered commercial bank, Member FDIC, Equal Housing Lender, originates personal loans, auto refinance loans, home improvement loans, and personal credit lines, and issues Upgrade VISA® Cards that allow access to personal credit lines, pursuant to a license from Visa U.S.A. Inc. Rewards associated with the Upgrade Card, when applicable, are provided by Upgrade. Checking and savings accounts are also provided by Cross River Bank, Member FDIC.
Blue Ridge Bank, a nationally-chartered commercial bank, Member FDIC, originates personal loans and auto refinance loans.
NYDIG Execution LLC provides bitcoin services and accounts and is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.
Sutton Bank, Member FDIC, issues Upgrade VISA® Cards that allow access to personal credit lines, pursuant to a license from Visa U.S.A. Inc. Rewards associated with the Upgrade Card, when applicable, are provided by Upgrade.
WebBank, Member FDIC, originated personal loans obtained through Upgrade from 2017 through January 2020.