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.
Battery Developer, Enevate, Expands HQMar 6 2022
Credit: Orange County Register Enevate, a startup in the lucrative battery development industry, has signed a lease in Irvine for a new headquarters six times the size of its current home, also in the city. The company moves from 20,000 square feet at UCI Research Park to 125,000 square feet at...
R&D Investments Drive California InnovationFeb 25 2022
This legislative package, developed in partnership with the Legislature amid the Omicron surge, underscores the important steps California has taken to protect workers and businesses over the last two years since COVID-19 wreaked havoc on our economy. In particular, it restores the tax credit for investments in research and development, including...
California’s 1 million electric vehicles sold surpasses the total sales in the next 10 states combined, and it’s seven times more than the next closest state. New data also show that California, with only 10 percent of the nation’s cars, now accounts for over 40 percent of all zero-emission cars in the country...