EarnUp Raises $25M in Series B

Homeowners struggling to pay their monthly mortgage often damage their financial health by waiting too long to initiate a forbearance, modification, or workout solution with their lender or servicer. To provide both homeowners and their mortgage providers with a lifeline, consumer-first payments platform EarnUp today announced that it is using a $25M Series B fundraising round led by Bain Capital Ventures with participation from SignalFire, Blumberg Capital, and Flourish Ventures, to expand its GetAhead platform.

EarnUp is a consumer-first platform that intelligently automates loan payments and identifies earning opportunities for the 200 million indebted Americans. EarnUp puts a few dollars aside for loans when consumers can afford it — then makes payments for the consumer, allocating funds the way that gets consumers out of debt faster. The EarnUp community is dedicated to giving control back to everyone who is frustrated in managing their finances.