LendingClub Officially Becomes Happen Bank, Marking a New Chapter for the Digital-First Bank
Begins trading on Nasdaq under the ticker symbol "HAPN"
Beginning today,
"We've reached an exciting milestone for our company and for the millions of members we serve," said
- Award-winning unsecured personal loans for debt consolidation, home improvement, and affording life's important moments
- Award-winning high-yield savings accounts that reward consistent saving habits
- Award-winning checking accounts offering cash back on essentials purchases and for on-time loan payments
- Lending decisions in minutes with transparent terms and no hidden fees or gotchas
- Mobile-first digital banking experiences designed for real-life moments
"Whether it's consolidating debt, building savings, improving their credit, or planning for what's next, we clear the way for our members to make meaningful progress and we reward their positive financial behaviors along the way," said
A Brand Built for Momentum
The name
The brand identity reflects this energy, with a dynamic wordmark and a modern visual system that stands apart from traditional banking conventions.
While the company's name and visual identity have changed, the foundation that customers know and trust remains unchanged.
"This isn't just a name change – it's a recognition of who we've become," said Sanborn. "
To mark the official launch, we will be ringing the Nasdaq Opening Bell at
To learn more about
About Happen Bank
Happen Bank™ (formerly LendingClub Bank) is a digital bank built for the Motivated Middle: high-FICO, high-income, digitally savvy consumers actively managing their financial lives. Our difference? We make it easy for them to access award-winning products that help them keep more of what they earn and earn more on what they save. Our products are aligned by design to reward our five million plus members when they take positive financial steps like saving regularly or making loan payments on time.
Our success is fueled by our advanced credit underwriting, a proprietary technology platform engineered for innovation, and a marketplace bank model that drives value for members, loan investors, and shareholders alike. The result is affordable credit, meaningful value, and a trusted banking relationship — delivered consistently and profitably at scale.
Happen Bank exists to clear the way for our members to make it happen.
Happen, Inc. (Nasdaq: HAPN) – formerly LendingClub Corporation – is the parent company and operator of Happen Bank, National Association, Member FDIC. For more information about Happen Bank, visit https://www.happen.com.
Safe Harbor Statement
Some of the statements in this press release, including statements regarding the benefits of our products and services, are "forward-looking statements." Words such as "plan", "expect", "anticipate" and similar expressions may identify forward-looking statements, although not all forward-looking statements may contain these identifying words. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: macroeconomic conditions, competition, demand for our products and services, and those factors set forth in the section titled "Risk Factors" in our most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, as well as in its subsequent filings with the Securities and Exchange Commission. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements, and you should not place undue reliance on forward-looking statements. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Contacts
For Media: Press@happen.com
For Investors: IR@happen.com
Footnotes
1 Loan payment cash back provides members the opportunity to earn 2% cash back for qualifying payments made electronically from Happen Bank LevelUp Checking accounts if they meet all eligibility criteria as described in the applicable product terms and conditions.
2 National average source: FDIC as of 5/18/2026.
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SOURCE Happen, Inc.