Updraft
updraft.com
Actively hiring
Personal Finance Apps & Education
Consumer Loans & Pawnshops
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Overview
News
Technologies
Salaries
Products
People
Growth
Offices
Jobs
Financials
Funding and backers
Latest round
Venture round
May 2026 · 4 mo ago
Team
1
UK accounts · Oct 2025 · -95% in a year
Hiring now
4
open roles
The money's age
Fresh money
4 months since the last round · hiring slowed
Momentum
45/100
a new city, in the news, fresh money
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jul 15
Recognition Updraft named in the UK's 100 fastest growing companies, two years running · updraft.com
May 29
Raised a round Venture round
2025
Team shrank to 1 was 20 · UK accounts
Feb 29, 2024
Raised a round Venture round
Sep 29, 2023
Raised a round Venture round
Feb 28, 2023
Raised a round Venture round
Aug 17, 2022
Raised a round Venture round
Mar 31, 2022
Raised a round Venture round
Dec 23, 2020
Raised a round Venture round
Jun 20, 2019
Raised a round Venture round
May 16, 2018
Raised a round Venture round
2018
Founded
Oct 15, 2012
Incorporated UPDRAFT LIMITED · Companies House
Tractionpublic signals, read monthly
Web presence
top 0.77%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | May 2026 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Feb 2024 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Sep 2023 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Feb 2023 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Aug 2022 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Mar 2022 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Dec 2020 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Jun 2019 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | May 2018 | — | — | find-and-update.company-information.service.gov.uk |
Registers and programsofficial lists and records that name the company
| Legal entity | Fairscore Ltd | its site |
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How Updraft hires
Truth index
B 75/100
Ghost roles
0%
Stale roles
100%
Reposted roles
0%
Updraft scores B on the Alion truth index (A is best, E worst), measured over 4 open roles re-checked against its own hiring board: 0% look like ghost listings, 100% have gone stale and 0% are the same role posted again. It measures how much of what this employer publishes turns into a real, finite search - not the employer as a workplace. How the index is computed
Overview
Updraft is a London financial technology company founded in 2018 that helps people clear expensive credit card and overdraft debt. Its app reads spending through open banking and refinances balances at lower rates while coaching users out of revolving credit. The company lends directly and operates across the United Kingdom.
News
The Regional Debt Drain: Updraft Research
Many people stick to minimum payments to keep their accounts in good standing. However, overpaying your credit card balance is a powerful strategy to reduce the total interest you pay and shorten your path to financial freedom. By lowering your principal
Read more
Report
Apps and services that help you pay off credit card debt (2026)
Many people stick to minimum payments to keep their accounts in good standing. However, overpaying your credit card balance is a powerful strategy to reduce the total interest you pay and shorten your path to financial freedom. By lowering your principal
Read more
Report
Back to school budgeting: what's changing in September 2026
Your credit report is your financial CV, acting as the primary record lenders use to assess your reliability . This guide demystifies the information held by UK agencies, highlighting what lenders prioritise and showing you how to take control of your pro
Read more
Report
5 genuine ways to save money on your wedding
Updraft helps people pay off credit card debt. Now we're one of the UK's 100 fastest growing companies for the second year running in the Growth Index 2026. The post 5 genuine ways to save money on your wedding appeared first on Updraft.
Read more
Report
The Updraft Kitchen in Mount Airy will give your appetite a lift
MOUNT AIRY, N.C. (WGHP) - People in Surry County are heading to the airport, but not to travel anywhere. They are going just to eat at the restaurant. Mount Airy and Surry County leaders partnered to ...
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Report
The Inflation Menu: Beans on toast is now a luxury dish for Brits
Updraft helps people pay off credit card debt. Now we're one of the UK's 100 fastest growing companies for the second year running in the Growth Index 2026. The post The Inflation Menu: Beans on toast is now a luxury dish for Brits appeared first on Updra
Read more
Report
Updraft named in the UK's 100 fastest growing companies, two years running
Updraft helps people pay off credit card debt. Now we're one of the UK's 100 fastest growing companies for the second year running in the Growth Index 2026. The post Updraft named in the UK's 100 fastest growing companies, two years running appeared first
Read more
Report
Double win for Updraft at the 2026 Credit Awards
Updraft, which helps people pay off credit card debt, took a double win at the 2026 Credit Awards, including Best Marketing Campaign of the Year. The post Double win for Updraft at the 2026 Credit Awards appeared first on Updraft.
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Report
Updraft named best personal finance app at the British Bank Awards 2026
Updraft has been voted best personal finance app at the British Bank Awards 2026, chosen by customers through more than 229,000 reviews on Smart Money People. The post Updraft named best personal finance app at the British Bank Awards 2026 appeared first
Read more
Report
The Debt Drain: Britain's interest issue uncloaked
Updraft research reveals that in 2026, the UK will flush £60 billion down the drain in interest payments, which don't pay off a penny of debt. The post The Debt Drain: Britain's interest issue uncloaked appeared first on Updraft.
Read more
Report
Show more news
Tech stack
Technologies named in job postings at Updraft over the last 12 months, by layer, with the share of postings for each.
Technologies in use
1
Postings analysed
1
Stack modernity
85/100
Practices & domains
Prompt Engineering
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Growth
Hiring Momentum
56/100
Growing
Open positions
4
0 opened / 0 closed in 30 days
ATS activity
Every ~8 hours
Today
Hiring Dynamics
+100%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
Finance
75% ▼
Backend
25% ▼
Activity Timeline
New location: Manchester
Sep 2026
Removed Rest API from stack
Sep 2026
Added Rest API to stack
Sep 2026
Offices
Where the company hires and what each office is for
Cities
2
Hiring now
2
Countries
1
Busiest office
London
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Headquarters
Builds here
Office with open vacancies
Tap a pin for the office
London
United Kingdom
HQ
4 open roles 25% engineering 1-10 est. staff
hires for Finance, Backend
Write to us at "Fairscore Ltd", 5 Merchant Square, London, UK W2 1AY
Manchester
United Kingdom
2 open roles 1-10 est. staff
hires for Finance
Jobs
≈ $86k – $167k per year (Estimated) • In office • Full-Time • London
Apply
Financials
Latest round
Venture - Series Unknown
Funding rounds
9
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Venture - Series Unknown | 2026 | — | Details |
| Venture - Series Unknown | 2024 | — | Details |
| Venture - Series Unknown | 2023 | — | Details |
| Venture - Series Unknown | 2023 | — | Details |
| Venture - Series Unknown | 2022 | — | Details |
| Venture - Series Unknown | 2022 | — | Details |
| Venture - Series Unknown | 2020 | — | Details |
| Venture - Series Unknown | 2019 | — | Details |
| Venture - Series Unknown | 2018 | — | Details |