Uphold Inc.

To provide safe, transparent, fair, and affordable financial services that allow anyone, anywhere to access and move value instantly.

Built as a multi-asset digital platform, Uphold serves customers in 140+ countries with access to 300+ currencies, cryptocurrencies, and commodities. The company's signature 'Anything-to-Anything' trading experience lets users exchange directly between asset classes on a single screen — Bitcoin to XRP, dollars to gold, or any supported pairing. Since launching in 2015, Uphold has processed over $40 billion in transactions while maintaining what they call 'radical transparency' — publishing assets and liabilities every 30 seconds and never lending out customer funds. The platform handles everything from crypto trading and staking to cross-border remittances and foreign exchange, positioning itself as infrastructure that bridges traditional finance with Web3.

Products

The core platform offers trading across 300+ assets with instant settlement and no hidden fees. Users can stake over 20 digital assets with rewards up to 15.8% APY, send cross-border payments, and access foreign exchange services. Uphold launched a Visa Signature credit card in 2024 that lets users spend against crypto holdings without selling. For businesses, the company provides APIs for custody, liquidity, and payment processing, plus enterprise solutions for digital asset integration. The platform maintains full transparency with real-time proof-of-reserves published every 30 seconds.

Funding

Uphold has raised approximately $73 million across multiple funding rounds, with investor backing from firms like YMF Investments and angel investor Greg Kidd. Revenue grew from $27 million in 2020 to $258 million in 2021, before settling at $100 million in 2023. The company has also made strategic acquisitions, including Optimus Cards, and invested in platforms like Blockdaemon to expand its infrastructure capabilities.

Recent news

On April 29, 2026, Uphold entered into a $5 million settlement with the New York Attorney General to resolve an inquiry regarding the marketing of CredEarn, a third-party investment product from Cred, LLC, which collapsed in 2020. The settlement requires Uphold to compensate harmed investors and register as a broker with the Office of the Attorney General, though the company noted the agreement was reached without an admission of liability regarding the underlying fraud.

Technology

The backend runs primarily on Go with PostgreSQL and TigerBeetle for high-performance financial operations. Authentication systems use JavaScript (Node.js) and Golang with OAuth2, OIDC, SAML, WebAuthn, and FIDO2 protocols. Modern security includes passkeys, biometric authentication, 2FA, and OTP systems for compliance with PSD2 and KYC/AML requirements. Infrastructure is cloud-native on AWS with Kubernetes and Karpenter for scaling. The data platform centers on Snowflake with Apache Airflow and dbt managing pipelines, while Temporal orchestrates financial workflows and Terraform handles infrastructure management.

Benefits

The company offers hybrid work from its New York office with regular remote collaboration. Benefits include an annual bonus program tied to individual, team, and company performance, plus generous PTO and full healthcare coverage. Employees get access to mental health benefits, HSA and FSA options, 401(k) with company equity, and life insurance. The office features a well-stocked kitchen, free meals and snacks, plus team events and celebrations. Professional development is supported through conference attendance and training programs.