Perspectives

Term Sheet – February 24, 2021 [Fortune]

EarnUp, a San Francisco-based mortgage payments platform, raised $25 million in Series B funding. Bain Capital Ventures led the round and was joined by investors including SignalFire, Blumberg Capital, and Flourish Ventures.

Pro Rata – February 24, 2021 [Axios]

EarnUp, a San Francisco-based platform for financially challenged homeowners, raised $25 million in Series B funding. Bain Capital Ventures led, and was joined by SignalFire, Blumberg Capital and Flourish Ventures. www.earnup.com

Today In Digital-First Banking [Pymnts]

SeedFi, the financial health upstart that helps Americans build credit, save money and form future financial plans, has landed $65 million in funding.

Financial health startup SeedFi raises $65m [FinExtra]

SeedFi, a startup promising to help Americans build their credit and savings, has raised $15 million in equity and $50 million in debt. Andreessen Horowitz led the round, with participation from Flourish, Core Innovation Capital, and Quiet Capital. SeedFi is one of several fintech outfits targeting the huge swathe of Americans stuck in cycle of debt and with little or no savings.