# Happen Bank (formerly LendingClub): AI strategy

Source: https://www.bankingnewsai.com/fintech/lendingclub
Last updated: Sep 23, 2026

*A marketplace lender turned bank that treats AI as an operating-efficiency lever: machine-learning underwriting at the core, then AI automation of loan operations and servicing, including an AI member-service agent called Penny.*

## How is LendingClub using AI?

LendingClub, renamed Happen, Inc. (Nasdaq: HAPN) on June 22, 2026 with its bank now Happen Bank, uses machine-learning underwriting built on more than 150 billion cells of data. In 2026 it reported over 60 active AI initiatives and a record automation rate above 90% for issued loans, and its AI member-service agent, Penny, resolves 30% more calls than the system it replaced. Q2 2026 originations reached $3.1 billion, up 29% year over year.

## At a glance

| Field | Value |
| --- | --- |
| Category | BNPL & lending |
| Ticker | NASDAQ: HAPN |
| Founded | 2006 |
| Headquarters | San Francisco, United States |
| Licence and supervision | US bank holding company (Happen, Inc., formerly LendingClub Corporation) supervised by the Federal Reserve; national bank subsidiary Happen Bank, N.A. (formerly LendingClub Bank) supervised by the OCC, FDIC-insured, and subject to CFPB supervision as a bank with more than $10 billion in assets. |
| Scale | $3.1 billion of loan originations (up 29% year over year) and $10.8 billion of deposits in Q2 2026 (quarter to June 30, 2026) |

## Flagship platform: Machine-learning underwriting plus AI loan operations and the Penny service agent

The company says its credit decisioning and machine-learning models draw on more than 150 billion cells of performance and behavioral data, and that multivariable, machine-learning driven and automated processes decide loan applications. In 2026 it reported over 60 active AI initiatives, a record-high automation rate of more than 90% for issued loans, and an AI member-service agent, Penny, that CEO Scott Sanborn said on the Q2 2026 call resolves 30% more calls than the system it replaced. ([LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm), [LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-reports-first-quarter-2026-results-302754594.html), [Happen, Inc. via PR Newswire](https://www.prnewswire.com/news-releases/happen-inc-reports-second-quarter-2026-results-302835538.html), [PYMNTS](https://www.pymnts.com/news/banking/2026/happens-digital-banking-push-helps-deposits-jump-18/))

## Key points

- LendingClub Corporation became Happen, Inc. on June 22, 2026: LendingClub Bank was rebranded Happen Bank, N.A., and the stock moved from the NYSE (LC) to Nasdaq under the ticker HAPN; existing accounts, products, logins and routing details were unchanged.
- The company's 2025 annual report (Form 10-K) says its underwriting is built on nearly two decades of proprietary data and machine-learning models, with more than 150 billion cells of performance and behavioral data informing marketing, underwriting, pricing and servicing.
- In its Q1 2026 results (April 27, 2026) the company reported over 60 active AI initiatives across marketing, product, engineering, operations, customer experience and compliance, and said AI-powered automation and agent support tools produced a record-high >90% automation rate for issued loans.
- On the Q2 2026 call (July 27, 2026), as reported by PYMNTS, Happen said more than 90% of employees regularly use its AI infrastructure, its AI member-service agent Penny resolves 30% more calls than the system it replaced, and other AI servicing tools cut after-call work by 65% and average call time by 10%.
- It has bought AI and data assets from shut-down fintechs rather than building every tool: Tally's credit-card management technology (with Pagaya, October 2024) and the intellectual property and select talent behind Cushion, an AI-powered spending-intelligence platform (April 2025).
- Its 10-K risk factors say the use of machine learning and AI can implicate potential fair-lending issues, that AI models may produce inaccurate output that is hard to explain, and that it may replace certain employees or roles with AI solutions; the company had 1,075 employees at December 31, 2025.
- Q2 2026: originations $3.1 billion (up 29%), total net revenue $262.9 million, net income $58.1 million, deposits $10.8 billion and total assets $12.5 billion at June 30, 2026.

## Timeline

- Jul 27, 2026 — **Q2 2026: Penny AI agent and servicing tools reported** Happen reported record pre-tax income of $75.7 million and 29% originations growth; on the call it said more than 90% of employees use its AI infrastructure, the Penny member-service agent resolves 30% more calls than the system it replaced, and AI servicing tools cut after-call work by 65%. ([Happen, Inc. via PR Newswire](https://www.prnewswire.com/news-releases/happen-inc-reports-second-quarter-2026-results-302835538.html), [PYMNTS](https://www.pymnts.com/news/banking/2026/happens-digital-banking-push-helps-deposits-jump-18/))
- Jun 22, 2026 — **LendingClub becomes Happen, Inc. and moves to Nasdaq** LendingClub Corporation changed its name to Happen, Inc., LendingClub Bank became Happen Bank, N.A., and the common stock began trading on Nasdaq as HAPN after leaving the NYSE, where it traded as LC. ([Happen, Inc. via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-officially-becomes-happen-bank-marking-a-new-chapter-for-the-digital-first-bank-302804847.html), [American Banker](https://www.americanbanker.com/news/happen-bank-completes-rebrand-switches-stock-listing))
- Apr 27, 2026 — **Q1 2026: over 60 AI initiatives, >90% loan automation; home improvement launch** The Q1 release reports over 60 active AI initiatives and a record-high >90% automation rate for issued loans; the same day LendingClub began underwriting home improvement loans of up to $65,000 through Wisetack's contractor platform, with real-time credit decisions. ([LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-reports-first-quarter-2026-results-302754594.html), [LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-launches-home-improvement-financing-begins-underwriting-and-originating-loans-through-inaugural-partnership-with-wisetack-302754592.html))
- Apr 21, 2026 — **LendingClub announces it will become Happen Bank** The company said it would rebrand LendingClub Bank as Happen Bank over the summer, reflecting its multi-year transition from online lender to a digital-first bank combining lending and deposits. ([LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-to-become-happen-bank-a-digital-bank-for-people-going-places-302748624.html), [Banking Dive](https://www.bankingdive.com/news/lendingclub-rebrand-happen-bank-digital-banking/818219/))
- Mar 1, 2026 — **Former Capital One model-risk chief becomes CRO** Dov Haselkorn, previously Chief Model Risk Officer and Chief Operational Risk Officer at Capital One, became Chief Risk Officer, succeeding Annie Armstrong, who resigned from the role effective March 1, 2026. ([LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm), [LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000140997026000012/lc-20260122.htm))
- Feb 12, 2026 — **10-K spells out AI risks, including fair lending** The 2025 annual report describes machine-learning driven loan decisioning on more than 150 billion cells of data and includes risk factors that AI can implicate fair-lending issues, produce inaccurate or hard-to-explain output, and lead to roles being replaced by AI solutions. ([LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm))
- Jan 28, 2026 — **Q4 2025 results: CEO points to AI efficiencies** Reporting 40% year-over-year growth in Q4 originations and 33% for full-year 2025, Sanborn said the company expects to leverage ongoing operating discipline and AI efficiencies to strengthen its earnings power. ([LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-reports-fourth-quarter-and-full-year-2025-results-302673027.html))
- Apr 29, 2025 — **LendingClub acquires AI spending-intelligence platform Cushion** LendingClub bought the intellectual property and select talent behind Cushion, whose AI-powered technology ingests bank transactions and purchase data to track bills, subscriptions and BNPL loans; on the same day's earnings call Sanborn said Cushion's functionality would feed new DebtIQ features. ([LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-acquires-ai-powered-spending-intelligence-platform-302441764.html), [PYMNTS](https://www.pymnts.com/news/banking/2025/lendingclub-mobile-app-features-drive-member-engagement-and-loan-issuance/))
- Oct 9, 2024 — **LendingClub and Pagaya acquire Tally's technology** LendingClub and Pagaya bought the intellectual property of Tally, a shut-down credit-card debt management fintech; LendingClub Bank said it would build Tally's technology into its debt monitoring and management tools and took on a few former Tally staff. ([Banking Dive](https://www.bankingdive.com/news/lendingclub-pagaya-acquire-tech-assets-of-defunct-tally/729508/))
- Feb 1, 2021 — **LendingClub closes its acquisition of Radius Bancorp** The acquisition of Radius Bancorp and its digital bank subsidiary made LendingClub the parent of LendingClub Bank, N.A.; the company described itself as the first public U.S. neobank, with 3 million members at the time. ([LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-closes-acquisition-of-radius-bancorp-301218843.html))

## Where AI runs

| Use case | What | Status | Detail | Sources |
| --- | --- | --- | --- | --- |
| [Credit scoring & underwriting](https://www.bankingnewsai.com/ai-regulation/by-use-case#credit-underwriting) | Machine-learning credit decisioning | In production | Proprietary credit decisioning and machine-learning models, informed by more than 150 billion cells of performance and behavioral data, assess risk and present loan options to applicants. | [LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm) |
| [Credit scoring & underwriting](https://www.bankingnewsai.com/ai-regulation/by-use-case#credit-underwriting) | Automated loan issuance | In production | AI-powered automation and agent support tools produced a record-high automation rate of more than 90% for issued loans in Q1 and Q2 2026. | [LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-reports-first-quarter-2026-results-302754594.html), [Happen, Inc. via PR Newswire](https://www.prnewswire.com/news-releases/happen-inc-reports-second-quarter-2026-results-302835538.html) |
| [Customer-facing chatbots](https://www.bankingnewsai.com/ai-regulation/by-use-case#customer-chatbots) | Penny, AI member-service agent | In production | An AI member-service agent that Happen said on its Q2 2026 call resolves 30% more calls than the system it replaced. | [PYMNTS](https://www.pymnts.com/news/banking/2026/happens-digital-banking-push-helps-deposits-jump-18/) |
| [Customer-facing chatbots](https://www.bankingnewsai.com/ai-regulation/by-use-case#customer-chatbots) | AI servicing tools for call-center agents | In production | AI servicing tools that Happen said reduced after-call work by 65% and average call time by 10% (Q2 2026 call). | [PYMNTS](https://www.pymnts.com/news/banking/2026/happens-digital-banking-push-helps-deposits-jump-18/) |
| [Credit scoring & underwriting](https://www.bankingnewsai.com/ai-regulation/by-use-case#credit-underwriting) | Point-of-sale home improvement lending | In production | Home improvement loans of up to $65,000 originated through Wisetack's contractor platform, using the company's proprietary credit models for real-time credit decisions. | [LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-launches-home-improvement-financing-begins-underwriting-and-originating-loans-through-inaugural-partnership-with-wisetack-302754592.html) |
| [Third-party & vendor AI](https://www.bankingnewsai.com/ai-regulation/by-use-case#third-party-vendors) | Cushion AI spending-intelligence technology | Announced | Acquired IP of Cushion, an AI-powered platform that ingests bank transactions and purchase data; the CEO said its functionality would be incorporated into future DebtIQ features. | [LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-acquires-ai-powered-spending-intelligence-platform-302441764.html), [PYMNTS](https://www.pymnts.com/news/banking/2025/lendingclub-mobile-app-features-drive-member-engagement-and-loan-issuance/) |
| [AI governance (general)](https://www.bankingnewsai.com/ai-regulation/by-use-case#governance-general) | AI use policies | In production | The 10-K says the company has policies governing the use of AI by employees, contractors and third-party service providers, and flags that machine learning and AI can implicate fair-lending issues. | [LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm) |

## Disclosed numbers

| Measure | Value | As of | Sources |
| --- | --- | --- | --- |
| Active AI initiatives | over 60 | Apr 27, 2026 | [LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-reports-first-quarter-2026-results-302754594.html) |
| Automation rate for issued loans | record-high >90% | Jun 30, 2026 | [LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-reports-first-quarter-2026-results-302754594.html), [Happen, Inc. via PR Newswire](https://www.prnewswire.com/news-releases/happen-inc-reports-second-quarter-2026-results-302835538.html) |
| Penny AI agent vs the system it replaced | resolves 30% more calls; AI servicing tools cut after-call work 65% and average call time 10% | Jul 27, 2026 | [PYMNTS](https://www.pymnts.com/news/banking/2026/happens-digital-banking-push-helps-deposits-jump-18/) |
| Employees regularly using AI infrastructure | more than 90% | Jul 27, 2026 | [PYMNTS](https://www.pymnts.com/news/banking/2026/happens-digital-banking-push-helps-deposits-jump-18/) |
| Underwriting data | more than 150 billion cells of performance and behavioral data | Dec 31, 2025 | [LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm) |
| Employees | 1,075 | Dec 31, 2025 | [LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm) |
| Q2 2026 results | originations $3.1bn (+29% YoY); total net revenue $262.9m; net income $58.1m; deposits $10.8bn; total assets $12.5bn | Jun 30, 2026 | [Happen, Inc. via PR Newswire](https://www.prnewswire.com/news-releases/happen-inc-reports-second-quarter-2026-results-302835538.html) |

## Quotes

> "Our entry into home improvement financing is creating new opportunities and we also expect to leverage ongoing operating discipline and AI efficiencies to further strengthen the earnings power of the company." — Scott Sanborn, CEO, Jan 28, 2026 ([LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-reports-fourth-quarter-and-full-year-2025-results-302673027.html))

> "if you try to build your models by looking at bureau data, you’re going to get a bunch of unfortunate surprises" — Scott Sanborn, CEO, May 27, 2026 ([Banking Dive](https://www.bankingdive.com/news/lendingclub-happen-bank-ceo-fintech-charters/821131/))

> "As we've embraced 'Bank' as part of the name, we don't want to get too far from our tech roots," — Scott Sanborn, CEO, Happen Bank, Jun 25, 2026 ([American Banker](https://www.americanbanker.com/news/happen-bank-completes-rebrand-switches-stock-listing))

> "Cushion's technology complements our DebtIQ experience to provide our members with the tools and information they need to take control of their debt and spending." — Scott Sanborn, CEO, Apr 29, 2025 ([LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-acquires-ai-powered-spending-intelligence-platform-302441764.html))

## Who runs AI

- **Scott Sanborn** — Chief Executive Officer (since June 2016) ([LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm), [Happen, Inc. via PR Newswire](https://www.prnewswire.com/news-releases/happen-inc-reports-second-quarter-2026-results-302835538.html))
- **Andrew (Drew) LaBenne** — Chief Financial Officer (since September 2022) ([LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm), [PYMNTS](https://www.pymnts.com/news/banking/2026/happens-digital-banking-push-helps-deposits-jump-18/))
- **Dov Haselkorn** — Chief Risk Officer (since March 2026); previously Chief Model Risk Officer at Capital One ([LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm))
- **Steven Mattics** — Chief Lending Officer (since April 2025) ([LendingClub Corporation via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm), [LendingClub Corporation via PR Newswire](https://www.prnewswire.com/news-releases/lendingclub-launches-home-improvement-financing-begins-underwriting-and-originating-loans-through-inaugural-partnership-with-wisetack-302754592.html))

## Regulators it answers to

- [Federal Reserve](https://www.bankingnewsai.com/ai-regulation/federal-reserve) — Happen, Inc. (formerly LendingClub Corporation) is a registered bank holding company supervised by the Federal Reserve Board, which acts as supervisor of its consolidated operations; the group's machine-learning credit models and AI servicing tools sit within that consolidated supervision. See [SR 11-7](https://www.bankingnewsai.com/ai-regulation/documents/fed-sr-11-7), [SR 26-2](https://www.bankingnewsai.com/ai-regulation/documents/fed-sr-26-2).
- [OCC](https://www.bankingnewsai.com/ai-regulation/occ) — Happen Bank, N.A. (formerly LendingClub Bank) is a national bank supervised and examined by the OCC; its machine-learning credit decisioning models fall under OCC model-risk guidance. See [OCC Bulletin 2011-12](https://www.bankingnewsai.com/ai-regulation/documents/occ-bulletin-2011-12), [OCC Bulletin 2026-13](https://www.bankingnewsai.com/ai-regulation/documents/occ-bulletin-2026-13).
- [CFPB](https://www.bankingnewsai.com/ai-regulation/cfpb) — As a depository institution with more than $10 billion in assets, the bank is subject to CFPB supervision; its automated, machine-learning credit decisions and AI member-service agent sit under adverse-action and chatbot guidance, and its 10-K flags fair-lending risk from ML and AI. See [ECOA / Regulation B adverse action (15 U.S.C. 1691(d); 12 CFR 1002.9)](https://www.bankingnewsai.com/ai-regulation/documents/cfpb-ecoa-regulation-b-adverse-action), [CFPB Circular 2022-03](https://www.bankingnewsai.com/ai-regulation/documents/cfpb-circular-2022-03), [CFPB Chatbots in Consumer Finance (issue spotlight, 2023)](https://www.bankingnewsai.com/ai-regulation/documents/cfpb-chatbots-in-consumer-finance-2023).
- [FDIC](https://www.bankingnewsai.com/ai-regulation/fdic) — Happen Bank's deposits ($10.8 billion at June 30, 2026) are FDIC-insured, making the bank subject to FDIC supervision and examination in certain circumstances. See [FDIC FIL-15-2026](https://www.bankingnewsai.com/ai-regulation/documents/fdic-fil-15-2026).

## What the record suggests

### The AI story is told through efficiency ratios, not a flagship product

Unlike consumer-facing AI launches at some fintechs, Happen's disclosures centre on operating metrics: a >90% automation rate for issued loans, over 60 initiatives, and call-center measures for the Penny agent. The AI pitch is margin, not a new product line.

### Underwriting models predate the AI push and remain the core asset

The 10-K frames machine-learning credit models on 150 billion cells of data as a primary competitive advantage, and Sanborn told Banking Dive that bureau-data models alone lead to 'unfortunate surprises' in unsecured consumer lending.

### Model-risk expertise was added at the top of the risk function in 2026

The new Chief Risk Officer previously ran model risk at Capital One, arriving as regulators revised interagency model-risk guidance in 2026 and as the company's 10-K flagged fair-lending and explainability risks from ML and AI.

### Acquired fintech IP feeds the engagement layer

The Tally (2024) and Cushion (2025) purchases bought credit-card management and AI spending-intelligence technology from failed startups for the DebtIQ experience, a cheaper route than building in-house; the Cushion integration was announced, not reported live.

### The rebrand changes the name people search, not the regulatory perimeter

Happen, Inc. is the same bank holding company and national bank as LendingClub, with the same Federal Reserve, OCC, CFPB and FDIC oversight; only the name, ticker (HAPN) and exchange (Nasdaq) changed on June 22, 2026.

## FAQ

### Is LendingClub now Happen Bank?

Yes. On June 22, 2026 LendingClub Corporation changed its name to Happen, Inc., LendingClub Bank became Happen Bank, N.A., and the stock moved from the NYSE (ticker LC) to Nasdaq under HAPN. The company said existing accounts, products, login credentials and routing information were unaffected. In Q2 2026, its first quarter under the new brand, originations reached $3.1 billion, up 29% year over year.

### How does LendingClub (Happen Bank) use AI?

The company uses machine-learning credit models built on more than 150 billion cells of data to decide loans, and in 2026 reported over 60 active AI initiatives across marketing, product, engineering, operations, customer experience and compliance. AI-powered automation produced a record-high >90% automation rate for issued loans, and an AI member-service agent, Penny, handles customer calls.

### What is Penny at Happen Bank?

Penny is Happen Bank's AI member-service agent. On the Q2 2026 earnings call on July 27, 2026, as reported by PYMNTS, the company said Penny resolves 30% more calls than the system it replaced, and that other AI servicing tools reduced after-call work by 65% and average call time by 10%.

### Does LendingClub use AI for credit decisions?

Yes. LendingClub's 2025 annual report says multivariable, machine-learning driven and automated processes assess risk and present decisioned applicants with loan options, drawing on more than 150 billion cells of performance and behavioral data. The same filing warns that machine learning and AI can implicate potential fair-lending issues.

### Did LendingClub replace staff with AI?

The company has not announced AI layoffs. Its 10-K lists as a risk that it may replace certain employees or roles with AI solutions, and it reported 1,075 employees at December 31, 2025. In 2026 it credited AI-powered automation with a record >90% automation rate for issued loans and said its Penny agent resolves 30% more calls than the system it replaced.

### Who regulates LendingClub (Happen Bank)?

Happen, Inc. is a bank holding company supervised by the Federal Reserve. Its subsidiary Happen Bank, N.A. is a national bank supervised by the OCC, its deposits ($10.8 billion at June 30, 2026) are FDIC-insured, and as a bank with more than $10 billion in assets it is subject to CFPB supervision for federal consumer financial law.

### Is LendingClub a bank?

Yes, since February 1, 2021, when it closed its acquisition of Radius Bancorp and became the parent of LendingClub Bank, N.A. The bank was renamed Happen Bank, N.A. on June 22, 2026. At June 30, 2026 it held $10.8 billion of deposits and $12.5 billion of total assets.

## Sources (17)

1. LendingClub Officially Becomes Happen Bank, Marking a New Chapter for the Digital-First Bank — Happen, Inc. via PR Newswire, Jun 22, 2026. https://www.prnewswire.com/news-releases/lendingclub-officially-becomes-happen-bank-marking-a-new-chapter-for-the-digital-first-bank-302804847.html
2. Happen, Inc. Reports Second Quarter 2026 Results — Happen, Inc. via PR Newswire, Jul 27, 2026. https://www.prnewswire.com/news-releases/happen-inc-reports-second-quarter-2026-results-302835538.html
3. LendingClub Reports First Quarter 2026 Results — LendingClub Corporation via PR Newswire, Apr 27, 2026. https://www.prnewswire.com/news-releases/lendingclub-reports-first-quarter-2026-results-302754594.html
4. LendingClub Reports Fourth Quarter and Full Year 2025 Results — LendingClub Corporation via PR Newswire, Jan 28, 2026. https://www.prnewswire.com/news-releases/lendingclub-reports-fourth-quarter-and-full-year-2025-results-302673027.html
5. LendingClub to Become Happen Bank, a Digital Bank for People Going Places — LendingClub Corporation via PR Newswire, Apr 21, 2026. https://www.prnewswire.com/news-releases/lendingclub-to-become-happen-bank-a-digital-bank-for-people-going-places-302748624.html
6. LendingClub Launches Home Improvement Financing; Begins Underwriting and Originating Loans Through Inaugural Partnership with Wisetack — LendingClub Corporation via PR Newswire, Apr 27, 2026. https://www.prnewswire.com/news-releases/lendingclub-launches-home-improvement-financing-begins-underwriting-and-originating-loans-through-inaugural-partnership-with-wisetack-302754592.html
7. LendingClub Acquires AI-Powered Spending Intelligence Platform — LendingClub Corporation via PR Newswire, Apr 29, 2025. https://www.prnewswire.com/news-releases/lendingclub-acquires-ai-powered-spending-intelligence-platform-302441764.html
8. LendingClub Closes Acquisition of Radius Bancorp — LendingClub Corporation via PR Newswire, Feb 1, 2021. https://www.prnewswire.com/news-releases/lendingclub-closes-acquisition-of-radius-bancorp-301218843.html
9. LendingClub Corporation Annual Report (Form 10-K) for fiscal year 2025 — LendingClub Corporation via SEC EDGAR, Feb 12, 2026. https://www.sec.gov/Archives/edgar/data/1409970/000140997026000018/lc-20251231.htm
10. LendingClub Corporation 2026 Proxy Statement (DEF 14A) — LendingClub Corporation via SEC EDGAR, Apr 21, 2026. https://www.sec.gov/Archives/edgar/data/1409970/000114036126015923/ny20064250x2_def14a.htm
11. LendingClub Corporation Form 8-K (Item 5.02): Chairman and Chief Risk Officer changes — LendingClub Corporation via SEC EDGAR, Jan 27, 2026. https://www.sec.gov/Archives/edgar/data/1409970/000140997026000012/lc-20260122.htm
12. Happen’s Digital Banking Push Helps Deposits Jump 18% — PYMNTS, Jul 27, 2026. https://www.pymnts.com/news/banking/2026/happens-digital-banking-push-helps-deposits-jump-18/
13. LendingClub: Mobile App Features Drive Member Engagement and Loan Issuance — PYMNTS, Apr 30, 2025. https://www.pymnts.com/news/banking/2025/lendingclub-mobile-app-features-drive-member-engagement-and-loan-issuance/
14. LendingClub CEO expects ‘skinned knees’ amid fintech charter rush — Banking Dive, May 27, 2026. https://www.bankingdive.com/news/lendingclub-happen-bank-ceo-fintech-charters/821131/
15. LendingClub to rebrand as Happen Bank — Banking Dive, Apr 22, 2026. https://www.bankingdive.com/news/lendingclub-rebrand-happen-bank-digital-banking/818219/
16. LendingClub, Pagaya acquire tech assets of defunct Tally — Banking Dive, Oct 10, 2024. https://www.bankingdive.com/news/lendingclub-pagaya-acquire-tech-assets-of-defunct-tally/729508/
17. Happen Bank completes rebrand; switches stock listing — American Banker, Jun 25, 2026. https://www.americanbanker.com/news/happen-bank-completes-rebrand-switches-stock-listing

Other fintechs: [Nubank](https://www.bankingnewsai.com/fintech/nubank) · [Revolut](https://www.bankingnewsai.com/fintech/revolut) · [Chime](https://www.bankingnewsai.com/fintech/chime) · [Monzo](https://www.bankingnewsai.com/fintech/monzo) · [Starling](https://www.bankingnewsai.com/fintech/starling) · [Affirm](https://www.bankingnewsai.com/fintech/affirm) · [Klarna](https://www.bankingnewsai.com/fintech/klarna) · [Upstart](https://www.bankingnewsai.com/fintech/upstart) · [PayPal](https://www.bankingnewsai.com/fintech/paypal) · [Block](https://www.bankingnewsai.com/fintech/block) · [Stripe](https://www.bankingnewsai.com/fintech/stripe) · [Adyen](https://www.bankingnewsai.com/fintech/adyen) · [Wise](https://www.bankingnewsai.com/fintech/wise) · [Visa](https://www.bankingnewsai.com/fintech/visa) · [Mastercard](https://www.bankingnewsai.com/fintech/mastercard) · [Robinhood](https://www.bankingnewsai.com/fintech/robinhood) · [Ramp](https://www.bankingnewsai.com/fintech/ramp) · [Brex](https://www.bankingnewsai.com/fintech/brex) · [Plaid](https://www.bankingnewsai.com/fintech/plaid) · [all fintechs](https://www.bankingnewsai.com/fintech) · [the 100 largest US banks](https://www.bankingnewsai.com/banks)

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