Up - About the company
Up is an acquired company based in Melbourne (Australia), founded in 2017 by Dominic Pym and Grant Thomas. It operates as an Online platform for automated savings. The company has 31 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Starling Bank, Revolut and Douugh.
Company Details
Online platform for automated savings. It offers users to get a government-guaranteed bank account with a debit card. It automatically tracks the expenses and income of the user. It automatically saves the spare change for each transaction. Users can set multiple savings goals on the platform. The apps are available for Android and iOS users.
- Website
- up.com.au
- Social
- Email ID
- *****@up.com.au
- Phone Number
- +61 **********
Key Metrics
Founded Year
2017
Location
Melbourne, Australia
Stage
Acquired
Ranked
3rd among 31 active competitors
Employee Count
1,070 as on Aug 31, 2026
Exit Details
Acquired by Bendigo Bank (Aug 17, 2021)
Up's acquisition details
Up got acquired by Bendigo Bank on Aug 17, 2021 at an acquisition amount of $*****.
Click here to take a look at Up's acquisition in detail
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Up's funding and investors
Up has not raised any funding rounds yet.
Up's founders and board of directors
Founder? Claim ProfileThe founders of Up are Dominic Pym and Grant Thomas.
Here are the details of Up's key team members:
- Dominic Pym: Co-Founder of Up. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Grant Thomas: Co-Founder of Up.
View details of Up's Founder profiles and Board Members
Up's employee count trend
Up has 1,070 employees as of Aug 26. Here is Up's employee count trend over the years:
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Up's Competitors and alternates
Top competitors of Up include Starling Bank, Revolut and Douugh. Here is the list of Top 10 competitors of Up, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Starling Bank 2014, London (United Kingdom), Series D | Provider of digital banking services including personal and business accounts | $1.01B | 83/100 | |
2nd | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | 82/100 | |
3rd | Online platform for automated savings | - | - | 54/100 | |
4th | Digital bank for individuals | - | 49/100 | ||
5th | Digital bank for individuals | $21M | 47/100 | ||
6th | Provider of a digital bank for individuals | $20M | 41/100 | ||
7th | Neobank for consumers | $102M | 39/100 | ||
8th | Cooperative bank | $119M | 35/100 | ||
9th | Provider of mobile financial accounts for spending and money management | - | - | 31/100 | |
10th | Internet-first bank | - | 29/100 |
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Up's Investments and acquisitions
Up has made no investments or acquisitions yet.
Reports related to Up
Here is the latest report on Up's sector:
News related to Up
Filter this list•
Up’s digital bank brightens Bendigo Bank’s outlook after profit retreatThe West Australian•Aug 25, 2025•Up, Bendigo Bank
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Up introduces Travel Mode: The ultimate solution for Aussie travellersAustralian FinTech•Aug 01, 2024•Up
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Crowdfunding platform Birchal is raising $3 million to take CSF to the next levelStartup Daily•Aug 17, 2021•Up
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Up partners with TransferWise for international money transfersThe Paypers•Aug 11, 2020•Up, TransferWise, The Up! App
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Digital bank Up strikes TransferWise deal for overseas paymentsStartup Daily•Oct 15, 2019•Up, TransferWise
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