EarnUp Closes $31M Series C Funding Round
Summary
EarnUp, a San Francisco-based fintech company offering payment and data solutions for the mortgage industry, said today it has closed an oversubscribed $31 million Series C financing round. With this latest funding round, EarnUp said, it will build on its efforts to reinvent mortgage industry payment and data flows that support borrowers, lenders, and servicers. The company said its solutions streamline business operations and reduce delinquent and missed payments that harm credit scores and mortgage portfolios. “Embracing new technology and investing in innovative fintech companies like EarnUp helps us improve customer satisfaction — and allows us to provide our clients and communities with accessible payment solutions.” Since its last round of funding in February 2021, EarnUp has worked to digitize the mortgage payments process and help people achieve financial clarity from purchase or refinancing all the way to loan and close. “The addition of strategic investments from LendingTree and KeyBank shows that EarnUp is moving in an intentional direction that will have a positive impact on the mortgage and consumer debt industries.” D.A.