LendUp Splitting Personal Loans and Credit Card Businesses

LendUp is a company focused on providing access to credit for the underserved; with the news announced today LendUp will house the company’s personal loan business while a new entity called Mission Lane will house the company’s credit card business, and that business’ portfolio, IP and technology platform; Sasha Orloff, LendUp co-founder and CEO is stepping down but will remain a board member of LendUp and will be an advisor to Mission Lane. Source

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