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Overview
Uplift provides travel financing by offering installment loans that cover travel costs. Travelers can book experiences now and pay over time through financing integrated at the booking stage with partner travel providers. The loans carry APRs from 4.01% to 35.99% based on creditworthiness and may include origination fees. Revenue comes from the interest on loans and upfront origination fees. Uplift differentiates itself by embedding financing directly into the travel booking flow and serving both individual travelers and travel providers (agencies and tour operators) to offer flexible payment options in the travel and tourism market. The company aims to make travel more affordable and accessible by allowing customers to spread trip expenses over several months while providing partners with a ready-made financing option.
About Uplift
Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Acquired
Total Funding
$540.5M
Headquarters
Menlo Park, California
Founded
2014
Simplify's Take
What believers are saying
- Rebranded to Flex Pay on December 12, 2024, expanding to 750 retail brands.
- Acquired by Upgrade for $100M on July 27, 2023, adding mobile banking synergies.
- Secured $68M credit line from Atalaya Capital on January 7, 2021, fueling growth.
What critics are saying
- Rebranding to Flex Pay dilutes travel expertise, confusing partners like Sabre.
- Consumer BNPL interest drops from 75% in 2022 to 33% in 2024, slashing volumes.
- CFPB targets high 35.99% APRs, halting originations like Klarna actions within 12 months.
What makes Uplift unique
- Uplift provides BNPL exclusively for travel bookings with airlines and hotels.
- Integrates installment loans directly into travel merchant checkout processes.
- Offers personalized payment plans from 3-24 months at 4.01%-35.99% APRs.
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Funding
Total Funding
$540.5M
Above
Industry Average
Funded Over
8 Rounds
Benefits
Medical, dental, & vision insurance
401(k) plan
Flexible, remote-first work culture
Competitive salary
Pre-IPO stock options
Health & Wellness Perks
Professional Development
Pick-A-Perk: money that can go towards something of your choosing within tuition reimbursement, student loan payment reimbursement, vacation savings account, charitable donations, or home office expenses
Company News
Sabre Hospitality, a division of travel technology company Sabre Corporation, has partnered with travel-focused Buy Now Pay Later (BNPL) outfit Uplift.
Sabre Hospitality and Uplift launch new payment flexibility initiatives for the hospitality industry.
Greenpeace and Uplift filed separate legal challenges in Scotland against the Rosebank oil development.
Greenpeace and Uplift filed separate legal challenges in Scotland against the Rosebank oil development.
For instance, Play, a leading airline from Iceland, has partnered with Uplift to provide its customers with impactful BNPL services.
There are no jobs for Uplift right now.
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About Uplift
Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Acquired
Total Funding
$540.5M
Headquarters
Menlo Park, California
Founded
2014
There are no jobs for Uplift right now.
Find jobs on Simplify and start your career today