Renaud Laplanche on Fintech Performance During the Pandemic

Fresh off a new funding round that put Upgrade in unicorn status, CEO and Co-founder, Renaud Laplanche talked with Crowdfund Insider about the recent funding round, the impact of the pandemic, credit cards and what’s coming; Upgrade will use the money from the funding round to grow their Upgrade Card business and to launch Upgrade Banking, a full suite of mobile banking products; the Upgrade Card is still growing at 20%+ per month despite the pandemic; Upgrade launched a contactless version of the Upgrade Card as well as a mobile payment version to help keep their customers safe; some of the consumer habits that have been changed by the pandemic will endure and Laplanche thinks that mobile banking will be one of them; many fintech firms like Upgrade benefited from an acceleration in the digitalization of financial services. Crowdfund Insider.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.