Company Profile Summary. Venmo, a subsidiary of Paypal (eBay), is a company that provides person-to-person payment services using its smartphone application. Venmo was founded by Andrew Kortina and Iqram Magdon-Ismailin in 2009 and maintains headquarters in San Francisco, CA.
What are the minimum credit requirements to receive a loan? Borrowers on Upstart must have a minimum FICO score of 620 as reported by a consumer reporting agency. Note, we do accept applicants with insufficient credit history to produce a FICO score. In addition, there cannot be any material adverse change in your credit report from the time the loan was offered to you and your funding.
Do you qualify? While you may not need to have a traditional credit history with a good to excellent credit score, you will need some strong criteria to get approved for an Upstart loan. You canât have bad credit with a ton of late payments or other negative information. For Upstart, no credit is preferable to bad credit.