TrueNorth
TrueNorth
  • Home
  • About Us
    • Our Company
  • Our Work
    • Our Work
    • Framework Solution
    • Case Studies
  • Partners
  • Careers
  • Insights
    • Announcements
    • Articles & Blogs
    • Webinars
  • Contact
  • More
    • Home
    • About Us
      • Our Company
    • Our Work
      • Our Work
      • Framework Solution
      • Case Studies
    • Partners
    • Careers
    • Insights
      • Announcements
      • Articles & Blogs
      • Webinars
    • Contact
  • Home
  • About Us
    • Our Company
  • Our Work
    • Our Work
    • Framework Solution
    • Case Studies
  • Partners
  • Careers
  • Insights
    • Announcements
    • Articles & Blogs
    • Webinars
  • Contact

Upgrade

Upgrade is a neobank, operating exclusively online, that offers affordable credit via personal loans and cards. In addition, they help consumers better understand and manage their money with educational tools and credit monitoring.

INDUSTRY

Financial Services


SERVICE

Consumer Lending


CLIENT SINCE

2021

The Challenge

Upgrade’s singular focus: empower consumers with innovations that help them better understand and unlock their credit potential.


  • Build a robust platform that is user friendly.
  • Automate backend workflows.
  • Raise capital with an impressive minimum viable product (MVP).
  • Secure accounts with the same encryption standards used by major banks.

Why TrueNorth?

TrueNorth was chosen based on our understanding of the challenges faced by companies that seek to disrupt the market with innovation and our expertise in building platforms that are catalysts for customer and revenue growth.

The Work

From the outset, TrueNorth and Upgrade established an agile culture of integrated scrum teams to establish objectives and organize a disciplined timeline.

Objective

Build a platform that lowers the cost of credit and increases the access to credit while addressing the unmet needs of their two primary customers—creditors with cash to invest as lenders and borrowers looking to consolidate debt, make a major purchase, or refinance credit cards.

MVP Launch

  • PostgreSQL was selected as the database of choice.
  • AngularJS and ReactJS were deployed to write UI modules.
  • Javascript was used to write 48 back-end microservices.
  • Agile methodology ensured the platform’s quality with automated checkstyle and bug detection, code review by architecture teams, unit testing code coverage targets, and continuous integration.

Following MVP Launch

TrueNorth enhanced back-end automation to support new instruments that help investors understand returns, help borrowers evaluate options, and expedite functions like loan application reviews and cash transfers.

“Great work on getting a complex new product out within such a short period of time. Huge props to the team for going the extra mile working weekends, sometimes delaying vacation plans or in some cases working from Starbucks while on vacation.”


Visar Nimani - Co-founder & CTO

Upgrade Neobank Case Study

TrueNorth Impact

  • Successfully launched the MVP in 9 months, on time and under budget, contributing to accelerated growth in customers and revenue.
  • Measurably improved the customer experience for both investors and borrowers.
  • Upgrade raised $60 Million in Series C funding based on MVP.

Services & Technology

  • Product Architecture Design
  • DevOps
  • Front-End Development
  • Back-End Development
  • Software Testing & QA


  • Angular
  • React
  • Spring
  • PostgreSQL
  • AWS
  • Rest
  • Drools

800 N King Street
Suite 304 1589
Wilmington, DE 19801

Copyright © 2025 TrueNorth - All Rights Reserved


This website uses cookies.

We use cookies to analyze website traffic and optimize your experience on the site. By accepting our use of cookies, your data will be combined with that of all other users. 

Accept