Case Study: Upgrade launches an MVP in 9 months and raises $60M with TrueNorth

Upgrade launches MVP in 9 months with TrueNorth

Upgrade, a neobank focused on providing affordable credit, needed to build a robust and user-friendly lending platform to empower consumers. Their challenge involved automating backend workflows, raising capital with a strong MVP, and ensuring bank-level encryption security. They partnered with TrueNorth for its expertise in building growth-oriented platforms.

TrueNorth implemented an agile development process, using technologies like PostgreSQL, React, and JavaScript to build the platform with 48 microservices. This solution successfully launched the MVP in just nine months, on time and under budget. The measurable impact for Upgrade was significant, leading to improved customer experiences, accelerated growth, and the successful raising of $60 million in Series C funding based on the MVP.

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