This morning, dv01 announced a reporting partnership with Upgrade, the new consumer credit platform led by Renaud Laplanche.
We’re thrilled that Upgrade chose to partner with us at the very beginning of its working relationship with capital markets, ensuring that Upgrade investors will always have full transparency into their loan portfolios, as well as best-in-class tools to streamline reporting and analytics.
Under this partnership, all Upgrade investors will receive initial complimentary access to Upgrade data on dv01’s reporting and analytics platform. dv01 will also act as loan data agent for Upgrade’s future securitizations, providing investors access to our Securitization Explorer, which includes loan level performance and composition details of upcoming and past deals. Upgrade expects to access the securitization market on a quarterly basis.
dv01 has provided similar securitization reporting and portfolio management services for several online lenders, including Lending Club, Prosper, CommonBond, SoFi, Avant, and Marlette, covering $9 billion of securitizations and more than $55 billion of online loans.
We’re extremely excited to add Upgrade to the list and look forward to a long partnership with Renaud and team.