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Upgrade acquires travel-focused BNPL startup Uplift for a song

Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it's agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It's likely not the exit Uplift was hoping for -- and a sign of serious consolidation in the BNPL space, which just a few years ago was booming, buoyed by pandemic-era spending habits. Uplift had raised nearly $700 million in equity and debt, securing $123 million at a reported...
United States Renaud Laplanche Brian Barth Robert Soderbery United Airlines Allegiant Travel Company
Source: yahoo.com

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British Columbia's booming wood-pellet industry threatens old-growth forests | Food and Environment Reporting Network

BC’s inland rainforest — which once totaled over 1.3 million hectares — is endangered, according to International Union for Conservation of Nature criteria…
United States South Korea Brian Barth International Union For Conservation Of Nature International Union North America

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