back Back

Happy Money partners with Blue Federal Credit Union in consumer lending

By Pavithra R

July 01, 2021

  • America
  • Happy
Share

Happy Money partners with Blue Federal Credit Union in consumer lending

Happy Money, a leading fintech company building financial tools and services for human happiness, has announced entering into a strategic partnership with Blue Federal Credit Union, a Wyoming-based credit union serving more than 100,000 members worldwide, in consumer lending. 

The announcement builds on Happy Money’s continued collaborations with credit unions to deliver turnkey membership and high-quality loan growth. The firm, through its proprietary platform, 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 has a growing number of mission-aligned partners representing over $75 bn in assets.

“We partner exclusively with community-minded financial institutions who share our vision for a win-win approach to banking. 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,” said Scott Saunders, CEO & Founder of Happy Money.

Happy Money is committed to its mission of helping borrowers become savers. Even in the current economic environment, Happy Money’s innovative credit modeling, marketing and technology solutions enable the firm to drive significant growth for itself and its partners. In 2020 alone, the platform facilitated the origination of more than $1 bn in loans for partners, all while meeting partners’ risk and resiliency targets. 

“Our Happy Money partnership is an investment in strategic growth that aligns with our member-centric mission and values. 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,” said Brian Hartwigsen, Vice President of Lending at Blue. 

Previous Article

July 01, 2021

Top 5 FinTech funding rounds – June 2021 (UK & Europe)

Read More
Next Article

July 01, 2021

Credit Builder Kikoff announces its launch with over $42.5 mn in total funding

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

December 06, 2024

Moneyhub, Marygold & Co UK partner to launch new wealth app

Read More

December 04, 2024

tell.money partners with Enfuce for PSD2-compliant open banking

Read More

December 03, 2024

BENEFIT & Tarabut launch open banking authentication solution in Bahrain

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More