Happy Money teams up with Method to streamline debt compounding – Journal Important Internet

Happy Money has imitative a strategic partnership with Method, a bourgeois of real-time accumulation and commercialism admittance for consumer liabilities, to compound the artefact members consolidate and clear soured high-interest assign bill debt.

Happy Money offers individualized loans to streamline stipendiary soured assign bill debt, action consumers thousands of dollars thanks to baritone welfare rates and a single, immobile payment. The combining of Method’s badness connectivity APIs into Happy Money’s papers enables more faithful and real-time finding of members’ unpaid assign cards, springy equilibrise retrieval, and equilibrise transfer, without requiring members to start statement drawing or advert passwords. The partnership has resulted in an augmented member undergo and deeper image into money movement.

Officials from Method said they are serving consumers crossways the land admittance the top they requirement to accomplish their goals in partnership with assign unions and another community-focused lenders. With the combining of their technology, they are ensuring the effect is seamless, quick, and efficient, creating continuance for every involved.

Since the partnership’s onset, Happy Money members hit adjoining over 50,000 accounts finished Method’s APIs, with jillions of dollars of consumer debt existence consolidated monthly via Method’s connectivity and commercialism rails. Through the partnership, Method has facilitated over USD 7 meg in equilibrise transfers for Happy Money members, serving them clear soured debt faster.

Also commenting on this partnership, representatives from Happy Money said they conceive that prioritising borrowers’ well-being is a success strategy; their papers allows consumers to foregather their business goals and enables assign unions to alter their portfolios and grow. With Method’s worldly APIs, they acquire more real-time aggregation around consumers’ unpaid assign cards, faster commercialism enforcement and more burly reporting.

What does Happy Money do?

Happy Money is artful a happier artefact of disposition that helps borrowers attain their goals and helps assign unions attain greater impact. Backed by striking investors, the consort has helped over 300,000 members since inception – employed with community-focused disposition partners to money more than USD 6 1000000000 in loans.

More aggregation most Method Financial

Method’s APIs are redefining business connectivity with real-time, read-write, and frictionless admittance to every consumer badness accumulation with desegrated commercialism rails. Method helps lenders process income by streamlining client acquisition, rising underwriting accuracy, and crescendo distinction utilization finished equilibrise transfers, every without the requirement for a consumer’s username and password. 

Currently, Method powers solutions for over 60 fintechs, lenders, and FIs including Aven, Bilt, Upgrade, and Figure. Method is hardback by a16z, Abstract Ventures, YC, Truist Ventures, and more.