Upgrade, a Fintech that provides loans as well as cards – promoting “responsible credit,” has announced that its Upgrade Card has been recognized as the fastest-growing credit card in the United States.
The Upgrade Card has been moving up on the list that is ranked by the outstanding amount, which is available in the October 2022 Nilson Report. Upgrade Card is now ranked #24. Last year, Upgrade became the first Fintech company to be listed in Nilson’s top 50 U.S. Visa/Mastercard Credit Card Issuers, coming in at #48. This past March, Upgrade reported that its card moved to #27 on the list. Today, Upgrade Card is in the top 25, reporting the fastest growth rate year over year. Upgrade Card remains the only Fintech in the top 25 and the fastest growing by percent change in outstanding (311.8%) and by the number of cards (262.7%)
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