About Happy Money
Happy Money is a Financial Services company based in Torrance (United States) founded in 2009 by Scott Saunders. Personal loans and financial planning services are offered. Happy Money has raised $341.93 million across 15 funding rounds from investors including Tencent, FirstMark and Anthemis Group. The company has 393 employees. Happy Money was last valued at $1.1 billion in December 2023. Its chief executive, as recorded, is Jeff Winner. Its website happymoney.com draws about 120 thousand monthly visits. Happy Money offers products and services including The Payoff Loan. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is HAPPY MONEY, INC. Its competitors include Self, Kikoff and MeetAva; 2 of its 3 listed competitors have raised funding.
Company details
Financial planning company offering personal loans. It advises users to manage claims, debts and assists in planning for loan payments by setting aside funds as savings. It also develops customized plans for the future of the user. It offers modules for loans to repay credit card debt, and an app to enable people to save and spend money by analyzing and conducting personality, stress, and cash flow assessments to help borrowers manage their finances and debt.
- Headquarters Torrance, United States
- Employees 393
- Founders Scott Saunders
- Stage Unicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website happymoney.com
- Social LinkedIn X Facebook Instagram
- Legal Name Happy Money, Inc.
- Total Equity Funding$341.93M (USD)
in 15 rounds
- Latest Funding Round$145.58M (USD), Series E
Dec 2023
- InvestorsTencent
& 16 more
- Employee Count393
Products & Services of Happy Money
Happy Money offers a comprehensive portfolio of products and services, including The Payoff Loan.
Loan for paying off debt and funding personal financial goals.
Funding Insights of Happy Money
Happy Money has successfully raised a total of $341.93M across 15 strategic funding rounds. The most recent funding activity was a Series E round of $145.58 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $341.93M
- Total Rounds 15
- Last Round Series E — $145.58M
- Investors Count 17
Latest 10 of 15 funding rounds of Happy Money with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $145.58M | Series E | – | – | – |
| Feb 2022 | $52.56M | Series D | $1.1B | Anthemis Group, CMFG Ventures | – |
| Sep 2019 | $70M | Series D | – | CMFG Ventures | |
| May 2016 | $46.76M | Series B | – | – | – |
| Feb 2015 | Angel Round | – | Arkadi Kuhlmann | – | |
| Jun 2014 | $12M | Angel Round | – | Mohamed El-Erian | – |
| Dec 2013 | $7M | Series A | – | – | – |
| Jan 2012 | $2.02M | Series A | – | – | |
| Aug 2011 | $1M | Seed | – | – | – |
| Apr 2011 | $727,856 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $1.1B | •••••••• |
Last known valuation $1.1B (Dec 2023). 17 investors in total: 15 institutional and 2 angel.
Investors in Happy Money
Happy Money has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tencent, FirstMark and Anthemis Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early and growth-stage startups are funded by Anthemis Group. | 2008 | anthemis.com | London, United Kingdom | |
Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors | cmfgventures.com | Madison, United States | ||
Stage-agnostic investments are conducted by Toba Capital in US companies. | tobacapital.com | Newport Beach, United States | ||
Tech focused early-stage micro VC firm investing in the US | greatoaksvc.com | New York, United States | ||
Early-stage venture capital is invested in tech startups across sectors. | 1987 | firstmark.com | New York, United States | |
Tech-focused early and growth stage VC firm investing in geographies such as the US | innovatepartnersllc.com | Newport Beach, United States | ||
US focused seed-stage VC firm | sparklabsglobal.com | Palo Alto, United States | ||
Company investments and philanthropy are managed by the family office. | conconi.ca | Vancouver, Canada | ||
Venture capital investments are managed by UniCredit-backed firm. | unicreditgroup.eu/en/unicredit-at-a-glance/innovation/unicreditevo.html | |||
Private equity firm focused on entertainment and wellness sectors | ptkcapital.com | Los Angeles, United States |
Investor details for Happy Money
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Happy Money
42 people are tracked at Happy Money (20 in leadership, 4 in board & advisors, 18 in team); the tracked headcount is 393.
| Name | Role | Group |
|---|---|---|
Scott Saunders | Founder | Leadership |
Jeff Winner | CEO | Leadership |
Gaurav Agarwal | Chief Credit Officer | Leadership |
Scott Mulloy | Chief Technology Officer | Leadership |
Ashley Utz | Chief People Officer | Leadership |
Matt Potere | Chief Executive Officer | Leadership |
Jake Holtzer | Director Of Finance & Procurement | Leadership |
Debasish Mishra | Senior Director Of Product Engineering(acquired By Truestage Ventures) | Leadership |
Brian Rook | Director | Leadership |
Michael Chamberlayne | CFO | Leadership |
Maria Mosolova | VP, Strategy & Operations | Leadership |
Lisa Carney | Head Of Operations | Leadership |
Demarcus Miller | People Partner | Leadership |
David Urry | Director, Pricing & Portfolio Management | Leadership |
Mandi Sinner | Senior Director - Partner Experience | Leadership |
John Triggas | Vice President - Capital Strategy | Leadership |
Stacey Crowther Seargeant | Director Of Accounting | Leadership |
Josh Boyed | Talent Partner | Leadership |
Kristin Simonis | Director Of Sales | Leadership |
Brittany Lyons | Payroll And Benefits Partner | Leadership |
22 more people are available in the full profile.
Complete people profiles for Happy Money
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Happy Money
4 dated milestones of Happy Money across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Happy Money is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series E, of $145.6M.
Competitors of Happy Money
Happy Money has 3 listed competitors in our database, 2 of them funded. They include Self, Kikoff and MeetAva.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| self.inc | 2015 | Austin, United States | $127.05M | 206 | Credit builder loans are facilitated via an online marketplace. | |
| kikoff.com | 2011 | San Francisco, United States | $42.5M | Credit builder loans are offered via an online platform. | ||
| meetava.com | 2017 | Rancho Santa Margarita, United States | Online platform for credit builder loans |
Detailed competitors of Happy Money
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Happy Money
The website of Happy Money (happymoney.com) receives about 120.2K visits a month.
- Monthly visits120.2K
▼ 17.9% vs previous month
Websites whose visitors overlap most with Happy Money. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tomocredit.com | 100% | 580.3K | #73,876 | View details | |
| upstart.com | 91% | 4M | #11,909 | View details | |
| bankofamerica.com | 82% | 113.9M | #258 | View details | |
| chase.com | 77% | 198.6M | #125 | View details | |
| sofi.com | 75% | 28.5M | #1,582 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 29 similar websites and full traffic analytics for Happy Money
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 29 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as Happy Money (Alternative Lending) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | 1,487 |
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Related news about Happy Money
Complete news archive for Happy Money
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Frequently Asked Questions about Happy Money
Happy Money was founded in 2009.
Happy Money is headquartered in Torrance, United States. It is registered at Torrance, California, United States.
Jeff Winner is the CEO of Happy Money, as recorded in our data.
Happy Money is a funded company, having raised a total of $341.93M across 15 funding rounds to date. The company's 1st funding round was a Seed of $727.86K, raised on Jun 2009.
Happy Money has 393 employees.
Financial planning company offering personal loans. It advises users to manage claims, debts and assists in planning for loan payments by setting aside funds as savings. It also develops customized plans for the future of the user. It offers modules for loans to repay credit card debt, and an app to enable people to save and spend money by analyzing and conducting personality, stress, and cash flow assessments to help borrowers manage their finances and debt.
Happy Money offers The Payoff Loan.
Happy Money has 17 investors. Key investors include Tencent, FirstMark, Anthemis Group, CMFG Ventures, and Toba Capital.
The valuation of Happy Money is $1.1B as of Dec 2023.
Happy Money operates through Happy Money, Inc..
The website of Happy Money receives about 120 thousand visits a month.