Wednesday, February 9, 2022

Happy Money Snags $50M, Joins Unicorns

Tustin-based Happy Money, which develops fintech tools aimed at allowing credit unions offer up unsecured loans, says it has raised $50M more, in a Series D-1 round. The company said the funding came from Anthemis Group and CMFG Ventures. According to Happy Money, the funding gives it a pre-money valuation of $1.1 Billion. As part of the funding, the company said it has named Jeff Winner as its new CEO; Winner previously served at Twitter, Stripe, and Goldman Sachs. Happy Money's products include a loan consolidation product for people with credit card debt. More information »