Senior Backend Developer, Updraft
Django/Python
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Credit card debt consolidation loans
Open for applications
Credit card debt consolidation loans
21-100 employees
Open for applications
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21-100 employees
Company mission
To help people move forward with their money.
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Company mission
To help people move forward with their money.
Our take
Credit cards can be incredibly useful, but they also have a habit of keeping people in debt for far longer than they expect. Minimum payments often make balances feel manageable, while interest quietly builds in the background. Before long, what started as a short-term solution can become a financial burden that's difficult to shake off.
Updraft was built to change that, using open banking it shows people exactly what their credit cards and overdrafts are costing them, cutting through the confusing small print. Where it makes sense, Updraft can combine existing debt into one loan with a fixed monthly payment and a clear finish line. On top of this, members also get free access to their credit score and practical tips to help improve it over time.
More than 1M people have already joined Updraft, paying off over £850M in credit card and overdraft debt along the way. With strong customer ratings and a focus on making borrowing simpler and more transparent, the company is proving that tackling debt doesn't have to feel overwhelming.
Steph
Company Specialist at Welcome to the Jungle
Funding (last 2 of 7 rounds)
Dec 2023
$29.5m
EARLY VC
Dec 2022
$10.8m
SERIES A
Total funding: $101m
Leadership
Aseem Munshi
(Co-Founder & CEO)Prior to Updraft, Aseem ran the credit card and unsecured loan business for HSBC UK. Over 15 years experience in managing several multi-billion dollar consumer asset portfolios.
David Cain
(CFO)David is also a Director at A Girl for All Time. Previously, they served as the CFO at Koyo and Jaja Finance.