EarnUp

EarnUp

AI-powered financial wellness tools for lenders

Overview

EarnUp provides AI-driven financial wellness tools for lenders, credit unions, and employers to help clients manage money. It offers three suites—Smart Tools, Action Automation, and Insights—with an AI Advisor for personalized budgeting, debt management, and product recommendations. The platform automates budgeting and financial planning to improve customer engagement and loyalty for institutions and employers. Its goal is to scale personalized financial guidance to help millions become homebuyer-ready, pay down debt, and save for major life events.

About EarnUp

Simplify's Rating
Why EarnUp is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

11-50

Company Stage

Series C

Total Funding

$56.2M

Headquarters

San Francisco, California

Founded

2013

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Simplify's Take

What believers are saying

  • Array acquisition integrates EarnUp tech across fintech platforms.
  • BECU sale funds next-generation debt management platform development.
  • EarnUp@Work automates employee debt repayment and savings.

What critics are saying

  • Array commoditizes EarnUp payments, eroding independence in 3-6 months.
  • BECU strips AI capabilities, leaving payments-only core.
  • Playment captures text-to-pay share from servicers in 6-12 months.

What makes EarnUp unique

  • EarnUp automates paycheck-aligned payments for mortgages and debt since 2013.
  • Text-to-pay via debit card achieves 98% open rates for 200+ servicers.
  • AI Advisor provided hyper-personalized budgeting before BECU sale.

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Funding

Total Funding

$56.1M

Below

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Competitive salary & meaningful equity

Medical, vision, & dental coverage

Flexible hybrid work model

Flexible time off

Paid parental leave

Transportation benefits

Catered Friday team lunch

Quarterly off-sites

Fully stocked kitchen

Espresso & lattes!

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

7%

2 year growth

11%
GlobeNewswire
Feb 25th, 2026
Array acquires EarnUp to expand paycheck-aligned payment solutions for mortgages and debt

Array, an embeddable financial platform, has acquired EarnUp, a payments technology company that helps consumers align debt and bill payments with their pay cycles. Financial terms were not disclosed. Founded in 2013, EarnUp enables consumers to break large monthly payments—such as mortgages, student loans and auto loans—into smaller, paycheck-aligned contributions. The platform has helped consumers manage billions of dollars in payments through integrations with leading mortgage servicing platforms. The acquisition expands Array's portfolio of embedded financial tools, particularly in the home loan payments space. EarnUp's technology supports payments across debt, utilities and insurance, and will be integrated across Array's platform to offer more flexible payment experiences for fintechs and financial institutions. Array was founded in 2020 and is backed by Battery Ventures, General Catalyst and Nyca Partners.

WealthManagement.com
Jul 11th, 2025
BECU Acquires EarnUp's AI Capabilities

Nvidia reached a $4 trillion market cap, highlighting AI's growing economic impact. BECU, the fifth-largest U.S. credit union, acquired generative AI capabilities and 13 team members from fintech EarnUp, which serves major banks and is backed by Bain Capital Ventures, KeyBank, and LendingTree. BECU plans to use AI to democratize financial access, aiming to provide personalized financial help to its members.

Business Wire
Jul 10th, 2025
EarnUp Announces Sale of AI Advisor Platform to BECU

EarnUp has received industry-wide recognition and is named to HousingWire's Tech 100, PROGRESS in Lending's Innovations Awards, The Financial Technology Report's Power 300, Forbes Fintech 50, and Deloitte's Technology Fast 500.

Finextra Research
Jul 30th, 2024
EarnUp unveils AI Advisor

EarnUp unveils AI Advisor.

FF News
May 10th, 2024
Earnup Offers Mortgage Text To Pay Capabilities

EarnUp, Inc., a financial wellness fintech company, announced that lenders and servicers will be able to use its platform to offer borrowers a convenient payment option: mortgage text to pay via debit card.This enhancement will mark a significant advancement of EarnUp’s award-winning platform, providing borrowers with greater flexibility and convenience in managing their mortgage obligations while also empowering mortgage companies to accommodate modern borrower payment preferences.According to data from mobile trade body GSMA, it is estimated by 2025 72.6% of users will access the internet exclusively by smartphone, driving home the need for mobile first mortgage payment solutions.Key features of EarnUp’s expanded platform will include:Text to Pay: Boasting 98% open rates and 45% response rates, with text to pay, lenders can offer one-click payment ease, with the option to set up recurring debits.Enhanced borrower engagement: EarnUp’s white-label solution will allow for tailored, automated SMS communications based on specific triggers, digital payment campaigns, and proactive loss mitigation efforts.Multiple payment options: Borrowers will be able to use their debit card to make mortgage payments conveniently through their Apple Wallet or Google Wallet, SMS text to pay, email click to pay, borrower portals, or call centers.Significant cost savings: Lenders can reduce non-digital payment costs by up to 50% and lower call center volume by approximately 20%, all while maintaining a high success rate for debit transactions.EarnUp’s straightforward integration process will enable lenders to seamlessly incorporate these capabilities under their own brand, enriching borrower experiences, and fostering greater retention.“Our mission at EarnUp is to empower borrowers with modern, efficient financial tools,” said Brian Gunn, CRO of EarnUp. “By enabling text to pay using a debit card, we’re offering lenders a seamless, no-customer-code solution that enhances borrower engagement, accommodates their method of payment, and reduces the costs associated with non-digital payments.”Daniel Sogorka, industry veteran and servicing operations expert, points to the increasing demand for greater payment options, including text to pay with debit cards. “A growing number of borrowers want the reminders via SMS, with a text to pay option with their debit card,” he said. “Additionally, studies show that Net Promoter Scores increase when servicers accommodate all payment options. It is therefore critical that mortgage companies and servicers add the ability to accommodate all payment options including SMS text to pay, email, or their borrower portal or call center.”Meanwhile, check fraud has more than doubled over the last three years, according to FinCEN. To protect borrowers, providing the option to pay by debit card via text can help lessen potential fraud.EarnUp currently facilitates automated payments to over 200 mortgage servicers and depository institutions, reinforcing its position as a trusted partner in the financial wellness ecosystem

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