FinTech Company Happy Money Hits Unicorn Status
6 Mar 2022
Happy Money, a leading platform for unsecured lending in partnership with credit unions, today announced it has closed a Series D-1 capital raise to accelerate its growth and empower more people to use money as a tool for happiness. The $50 million of capital from investors including Anthemis Group and CMFG Ventures recognizes the company's success as it joins the ranks of fintech unicorns with a pre-money valuation of $1.1 billion. The rapidly-growing fintech company develops financial tools with members' best interests at heart, including its award-winning Payoff Loan, which helps members consolidate and pay off credit card debt and experience less financial stress.