Happy Money, the Fintech company helping people live happier lives, today announced three strategic alliances with industry leading credit unions, further proving credit union and Fintech partnership model success. To date, Happy Money has deployed over $250M of credit union capital to help people pay off their credit cards.
“We are thrilled to formally announce our alliances with Alliant, First Tech and Technology Credit Union.
With our shared philosophies, we’ve been able to fuse our consumer-facing products with our credit union partners to create a win-win-win partnership for consumers, credit unions, and Happy Money,” said Scott Saunders, CEO and Founder of Happy Money. “Along with our credit union partners, we deliver the most trusted financial services, defining the future of the industry and helping people live happier lives. Our partner credit unions are some of the most progressive thought leaders in the industry and we appreciate their commitment to the Happy Money Movement!”
“Happy Money’s approach and vision immediately stood out to us. Their integration of science, psychology, and technology is a different approach to Fintechs in the marketplace, and it was clear that Happy Money’s approach and platform outperforms competitors. We also saw considerable alignment in our commitment to improving consumer’s financial well-being”, said Dave Mooney, CEO and President of Alliant Credit Union.
“First Tech is pleased to partner with Happy Money in their efforts to assist credit burdened consumers seeking relief from the stress and anxiety arising from a heavy debt burden,” said Greg Mitchell, President and CEO of First Tech Federal Credit Union. “Our partnership with Happy Money is producing quality loans for our portfolio, new members with interests that align with our core values and insights into novel underwriting and UI/UX tools that can assist in delivering amazing experiences to our existing members.”
"I’ve found that the bulk of what’s out there for consumers when it comes to helping them with financial decisions addresses mainly the “end goal” — paying bills, improving credit, saving. While these are incredibly important issues, there hasn’t been much focus on the “people” aspect of money," said Todd Harris, CEO of Tech CU. "Happy Money's approach takes a look at the science and psychology of money and integrates it in such a way that it benefits consumers. We’re excited to participate in a more holistic approach to reaching monetary goals”, said Todd Harris, CEO and President of Technology Credit Union.
Happy Money is actively partnering with credit unions across America and will be speaking on “FinTechs – How to Evaluate Them, Compete with Them and Work with Them” at the CUNA Lending Council Conference in Anaheim, CA on October 28 – 31, 2018.