In an official statement published on its website, Happy Money a Fintech startup revealed that it has raised $70 million in a Series D funding round.
Based out of Costa Mesa, Happy Money is a company that assists its users in saving money, pay off debts, while also analyzing spending patterns, either sad or good.
Speaking on the successful Series D funding round, the Chief Executive and Founder of Happy Money said that this successful round of funding will help the company to grow while also providing more local employment opportunities.
Currently, the strength of Happy Money is roughly 280 employees, and it envisions to grow into a team of 600 members by the next year when it plans to move into a new office space at the creative office campus of Tustin Flight.
CMFG Ventures, Toba Capital LLC and Anthemis Group are amongst Happy Money’s previous investors through which it has reportedly raised over $140 million till date.
Founded back in 2009, the Costa Mesa, California company has helped well over 700,000 members pay off well over a billion-dollar credit card debt.