EarnUp, a San Francisco, CA-based fintech company offering payment and data solutions for the mortgage industry, raised $31M in Series C funding.
Included in this round are new strategic investors, LendingTree (NASDAQ:TREE) and KeyBank (NYSE:KEY), in addition to institutional investors, Bain Capital Ventures, SignalFire, Blumberg Capital, and Flourish Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Nadim Homsany, EarnUp provides a consumer payments technology platform platform and enterprise solutions that allow mortgage companies to reduce risk and streamline business operations while improving overall borrower financial health. Currently, the company serves lenders, servicers, and borrowers across the U.S. and manages over $10 billion in loan payments.
FinSMEs
15/03/2022