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    Looking to Disrupt Payday Lending, a16z-Backed LendUp Now Has Instant On Line And Cellphone Loans

    Looking to Disrupt Payday Lending, a16z-Backed LendUp Now Has Instant On Line And Cellphone Loans Y Combinator-incubated LendUp launched in October with supporting from Kleiner Perkins, Andreessen Horowitz, Bing Ventures, Kapor Capital as well as others, to create a fresh means to fix a vintage issue: you need to pay your bills now, but you don’t have the money to pay for them. As opposed to move to predatory loan providers and banking institutions, using their high rates of interest, borrow funds from buddies or protect your eyes and hope they’re going away, where do you turn? It may look like a predicament that only befalls the chronically reckless, however…

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