Happy Money

Happy Money, formerly Payoff, is a financial technology company on a mission to develop and deliver affordable, accessible financial tools and services that empower people to use money as a tool for their happiness.

Happy Money is the only financial company that combines psychology and money to help people live happier lives.

Happy Money was founded in 2009 by Scott Saunders and Eden Warner. The company is headquartered in Costa Mesa, California. 


Happy Money empowers members through an integrated package of products and services that includes a loan to refinance credit card debt to help members reinvent their relationship with money – accelerating their journey to financial well-being.


Happy Money's products include Payoff, a financial program that provides loans to customers for paying credit card debts; Joy, a mobile application that uses robot Money Coaches, designed around each person's psychology; and Happy Money Score, which incorporates a person's psychology and motivation to make credit decisions and financial recommendations.


Happy Money has helped nearly 205,000 members since inception – working with lending partners to fund $3.7 billion in loans.


Happy Money is backed by Anthemis Group, Tencent Holdings, FirstMark, CMFG Ventures, Great Oaks Venture Capital, and others. The company raised $50M in a Series D-1 round on Feb 08, 2022. This brings Happy Money's tototal funding to $191.6M to date. The latest round mints the company a unicorn with a pre-money valuation of $1.1B.



  • Year founded: 2009
  • Funding Info: $191.6M over 7 Rounds (Latest Funding Type: Series D-1)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $1.1B as of Feb 08, 2022
  • City/Town: Tustin
  • State: California
  • Country: United States
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