Happy Money Reaches Unicorn Status, Raises $50M Series D-1, Led by Anthemis Group

“Our growth trajectory and our latest fundraising reflect the strength of our business and our team – and demonstrate investors’ continued confidence in Happy Money’s ability to grow rapidly,” said Jeff Winner, CEO of Happy Money. “This funding allows us to accelerate the development and expansion of our products, including an end-to-end lending API, and to deepen our partnerships.”

“Anthemis invests in the next generation of fintech leaders like Happy Money who share our values ​​of diversity, inclusivity and customer-centric innovation,” said Park Sean, Founder of the Anthemis Group. “Happy Money has a proven track record of delivering a lending experience that benefits its partners and consumers, and I look forward to seeing all they accomplish in the years to come.”

The capital raise follows a strong fourth quarter in a record year, an average year-over-year growth of 42% in creations from 2018 to 2021, and a technology veteran Jeff Winner appointment as permanent CEO and member of the board of directors. Prior to Happy Money, Jeff held leadership positions at Twitter and Stripe, and served as Chief Technology Officer for Marcus, Goldman Sachs’ Consumer Business, where he led the development of the Apple Card and launched the first Goldman Sachs-based product. on the cloud.

“When we conducted the search for Happy Money’s next CEO, it was obvious to us that Jeff was the perfect choice with his blend of operational excellence and technology expertise,” said Tracy Edkinsformer CHRO of Splunk, who joined Happy Money’s board of directors in 2021. “From CTO to COO and now as CEO, Jeff has shown remarkable leadership and proven his ability to bring the company in its next phase of innovation and growth.”

In addition to Jeff Winner, Scott WalchekFounder and CEO of Trōv, recently joined the Council alongside existing members: Anjali Kumarformer Legal Director and Head of Social Innovation, Warby Parker; Brian KaasManaging Director, CMFG Ventures; Joe Saundersformer CEO of Visa; Park Sean; and Tracy Edkins.

About happy money
Happy Money is a fintech company whose mission is to develop and deliver affordable and accessible financial tools and services that empower people to use money as a tool for their happiness. Members benefit from loans funded by a nationwide network of client-focused lending partners designed to help them achieve their goals.

Backed by leading investors, Happy Money has helped nearly 205,000 members since its inception – working with lending partners to fund $3.7 billion in loans*. Founded in 2009, Happy Money has approximately 400 passionate and determined employees across United States. For more information, please visit happymoney.com.

*Dated 31/12/2021

SOURCE Good Money