Yieldstreet and Upgrade have completed an agreement to purchase assets through Flex Pay, Upgrade’s BNPL financing solution. This partnership enables individual investors to target passive income from exposure to high-quality consumer BNPL loans.
The first transaction, which closed in April 2025, includes a pool of travel loans through Flex Pay’s strong partnerships with more than 750 travel partners, including major airlines, cruise lines and hotel chains.
“Upgrade has established itself as a market leader in a wide range of credit categories, including BNPL travel-related financing, with its robust origination platform,” said Ted Yarbrough, president and CIO at Yieldstreet. “We’re pleased to complete this transaction, which will allow investors to further diversify their portfolios in private markets with exposure to consumer credit.”
“Through this collaboration with Upgrade, we’re continuing to expand Yieldstreet’s private credit offerings