LendingClub Rebrands as Happen Bank
LendingClub has officially rebranded as Happen Bank, with the new brand launching across its website at Happen.com, its mobile app, customer communications, and advertising. The company began trading on the Nasdaq Stock Market under the ticker HAPN on June 22. A Nasdaq Opening Bell ceremony is scheduled for June 30 at the MarketSite in Times Square.
The rebrand marks the end of a name that the company's CEO Scott Sanborn said no longer reflects what the business has become. Founded in 2006 as a peer-to-peer lending platform, LendingClub went public in 2014 and acquired Boston-based Radius Bank in 2021, the first US fintech purchase of a bank, which enabled it to offer checking and savings accounts alongside its lending products. The company now has approximately 5 million members and $11.6 billion in assets, with deposits up 8% year over year and loan originations up 40% to $2.6 billion in 2025.
The Happen Bank name is intended to signal action and forward momentum. The brand targets what it calls the Motivated Middle, high-FICO, above-average income, digitally savvy consumers actively managing their financial lives, and positions its products to reward positive financial behaviours including regular saving and on-time loan payments. Existing accounts, products, login credentials, and routing information are unaffected by the rebrand. New debit card and check designs are planned for the autumn.
Full story: Happen