Happy Money
- 08/02/2022
- Series D
- $50,000,000
Happy Money is a financial technology company on a mission to develop and deliver affordable, accessible financial products and services that empower people to use money as a tool for their happiness. Members benefit from loans funded by a national network of customer-focused lending partners and designed to help them accomplish their goals.
Backed by leading investors, Happy Money has helped nearly 225,000 members since inception – working with lending partners to fund over $4.1 billion in loans*. Founded in 2009, Happy Money has a passionate and purpose-driven employee base of approximately 400 people across the United States. For more information, please visit happymoney.com.
- Industry Financial Services
- Website https://happymoney.com/
- LinkedIn https://www.linkedin.com/company/happy-money/
Related People
Scott SaundersFounder
Scott Saunders is an entrepreneur and investor dedicated to investing in the new economy powering happiness. He is also the Founder of Happy Money, a leading financial technology company delivering digitally-native financial tools and services for human happiness through its purpose-driven marketplace between mission-aligned financial partners and consumers. Scott recognized a nation of people borrowing against their own self-interest and in 2009 launched Happy Money with the mission of helping borrowers become savers.
Since then, the company has helped members pay off more than $3 billion in high-interest credit card debt, working with partners like Alliant Credit Union, First Technology Federal Credit Union, GreenState Credit Union, and Teachers Federal Credit Union.
As the driving force behind the company’s growth, Scott has raised more than $140 million in equity financing. Scott has been recognized by Goldman Sachs as a Top 100 Most Intriguing Entrepreneur, an EY Entrepreneur Of The Year®, and has been featured in Bloomberg, Financial Times, and the Wall Street Journal’s Future of Everything for Futuristic Fintech.
Previously, Scott was an executive at Walz Group (acquired by LenderLive), a three-time Inc. 500 company serving the nation’s largest financial institutions. Scott worked in venture capital and government as part of the U.S. Small Business Administration’s SBIC Program where he helped invest $700 million in newly formed venture capital firms, including a founding investment in Emergence Capital Partners, an investor in Box, Blend, Salesforce, Veeva, and Zoom.
Scott and his wife Suzanne met in Washington DC, raised two children together in Southern California, and now reside in Jackson Hole, Wyoming. Scott holds an MBA from Columbia Business School.