Uplift Rebrands to Flex Pay, Reflecting Growth and Expanded Opportunities

San Francisco, California [December 12, 2024] — Upgrade, Inc., a leading financial technology company, today announced the rebranding of Uplift, its global Buy Now, Pay Later (BNPL) solution for retail and travel brands, to Flex Pay. The rebrand marks an exciting new chapter of growth, innovation, and expanded opportunities for customers and partners across the U.S. and Canada.

Flex Pay retains all the features that customers love about Uplift, now under a new, intuitive name that embodies a commitment to flexibility, accessibility, and responsible financial solutions. 

Key Highlights of Flex Pay:

• Familiar Product Offering: Flex Pay continues to provide affordable, flexible payment options, empowering travelers and shoppers to spread costs over time.
• Expanding Network: Over 750 travel and retail brands use Flex Pay to enhance customer engagement and loyalty. That number has doubled in the past year. 
• Steady Leadership: Led by Flex Pay President, Tom Botts, the experienced leadership team remains dedicated to driving partner growth and innovation.
• No Changes to Existing Loans: Existing loans through Uplift are unaffected, with no changes to payment dates, amounts, or interest rates. 

Since Upgrade’s acquisition of Uplift, the team has doubled its annual revenue. This acceleration underscores the appeal of new product innovation, the strength of the integrated operations, and the demand for BNPL offerings. With the new Flex Pay branding, Upgrade aims to further scale its impact, supporting partners in delivering greater value to their customers.

“I’m incredibly proud of what the team and our partners have achieved and look forward to this next chapter under a new name,” said Tom Botts, President, Flex Pay. “Flex Pay will continue to build on Uplift’s success, unlocking more payment options for travelers, guests, and shoppers.”

For more information, please visit https://www.upgrade.com/flex-pay/.

About Upgrade

Upgrade, Inc. offers affordable and responsible credit, mobile banking and payment products to mainstream consumers. Upgrade has delivered over $35 billion in affordable and responsible credit to customers since its inception in 2017. The company's headquarters are in San Francisco, California, with an operations center in Phoenix, Arizona, a technology center in Montreal, Canada, and regional offices in Atlanta, Georgia, and Irvine, California. Upgrade is a financial technology company, not a bank. More information is available at: www.upgrade.com.  

Loans made through Flex Pay are offered by these lending partners.