Happy Money brings mission-aligned credit union partners, representing over $75 billion in assets, to consumers looking to pay off debt faster and more affordably
Happy Money, a leading fintech company building financial tools and services for human happiness, and Blue Federal Credit Union, a Wyoming-based credit union serving more than 100,000 members worldwide, announced a strategic partnership in consumer lending.
Today’s announcement builds on the continued success of Happy Money’s partnership with credit unions to deliver turnkey membership and high-quality loan growth. Through the company’s proprietary platform, Happy Money connects credit unions with next-generation members who want to eliminate credit card debt via their Payoff Loan. With large industry player CUNA Mutual Group as one of its major investors, Happy Money now has a growing number of mission-aligned partners representing over $75 billion in assets.
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“We partner exclusively with community-minded financial institutions who share our vision for a win-win approach to banking,” said Scott Saunders, CEO & Founder of Happy Money. “By leveraging the latest technology, proprietary science and partnerships with credit unions like Blue, together we are helping members pay off credit cards, save money and live happier lives.”
“Our Happy Money partnership is an investment in strategic growth that aligns with our member-centric mission and values,” said Brian Hartwigsen, Vice President of Lending at Blue. “We’re thrilled to find a fintech partner that can open up innovative growth opportunities and help us achieve our mission of creating new pathways for members to realize their potential.”
Happy Money’s innovative credit modeling, marketing and technology solutions enable the company to drive significant growth for itself and its partners, even in the current economic environment. In 2020 alone, the platform facilitated the origination of more than $1 billion in loans for partners, all while meeting partners’ risk and resiliency targets.
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