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Valuation

$419.1M

2025 Revenue

$139.7M

Funding

$0

Founded

2017

Up Banking revenue, CEO Jonathan Galic, team size, customer count, churn, and more in 2025.

Up, also known as Up Money, Up Bank, or Up Banking, is an Australian neobank based in Melbourne, Victoria with more than 900,000 mostly young Australian customers. It was founded as a collaboration between Bendigo and Adelaide Bank and software development firm Ferocia.

Last updated

Up Banking Revenue

In 2025, Up Banking's revenue reached $139.7M. Since its launch in 2017, Up Banking has shown consistent revenue growth.

Up Banking Revenue GrowthReported revenue / ARR by year$0$30M$60M$90M$120M$150M201720182019202020212022202320242025$0$140MSource: GetLatka.com
YearMilestone
2025Up Banking Hit $139.7m revenue in September 2025
2017Launched with $0 revenue

Up Banking Valuation, Funding Rounds

Up Banking's most recent disclosed valuation is $419.1M.

Up Banking is a bootstrapped SaaS startup. Founded in 2017, Up Banking has grown to $139.7M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Up Banking has built its business with no outside investment.

Up Banking Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Up Banking Employees & Team Size

We do not have information about Up Banking's team yet.

Founder / CEO

Jonathan Galic

Jonathan Galic is listed as Founder / CEO at Up Banking.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Up Banking yet.

Frequently Asked Questions about Up Banking

What is Up Banking's revenue?

Up Banking generates $139.7M in revenue.

Who is the CEO of Up Banking?

The CEO of Up Banking is Jonathan Galic.

How much funding does Up Banking have?

Up Banking raised $0.

How many employees does Up Banking have?

Up Banking has 0 employees.

Where is Up Banking headquarters?

Up Banking is headquartered in Bendigo, Victoria, Australia.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .