Klarna maintains a massive global footprint with over 118 million active consumers and nearly one million merchants. LendingClub has successfully transitioned into a profitable digital marketplace bank with a focus on the U.S. consumer.
Happen, formerly known as LendingClub, has announced the official launch of its digital bank. The new Happen Bank brand is available now on the company website, mobile app and via customer communications and advertising, the lender said in a news release Monday (June 22), the same day Happen's stock began trading on Nasdaq.
Begins trading on Nasdaq under the ticker symbol "HAPN" SAN FRANCISCO, June 22, 2026 /PRNewswire/ -- Happen, Inc. (Nasdaq: HAPN) https://www.multivu.com/lending-club/9384851-en-lendingclub-bank-happen-bank-digital-built-help-people-move-forward (formerly LendingClub Corporation) today announced the official launch of the Happen Bank™ brand, marking a significant milestone in its evolution into a digital bank for people who want to make more happen with their money. Beginning today, Happen Bank's brand comes to life at www.happen.com, its mobile app, customer communications, advertising, and more.
LendingClub has transformed into a diversified digital banking platform, evidenced by Q1 2026 deposits reaching $10.2 billion, up 14% YoY. LC delivered a 31% YoY increase in loan originations during a tight lending environment, driving a major surge in EPS. Industry-leading credit performance enables LC to sell loans without credit enhancements or loss protection, reflecting strong underwriting standards.
The mean of analysts' price targets for LendingClub (LC) points to a 29.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
LendingClub is moving its stock market listing as it prepares for a banking rebrand. The online-lender-turned-full-service bank announced Tuesday (June 2) that it would switch its listing from the New York Stock Exchange (NYSE) to the Nasdaq as it rebrands from LendingClub to Happen Bank.
Expected First Day of Trading on the Nasdaq Stock Exchange on Monday, June 22, 2026 Company to Ring the Nasdaq Opening Bell on Tuesday, June 30, 2026 SAN FRANCISCO, June 2, 2026 /PRNewswire/ -- LendingClub Corporation (NYSE: LC) today announced that it will transfer the listing of its common stock to the Nasdaq Stock Market ("Nasdaq") from the New York Stock Exchange ("NYSE"). The company's common stock is expected to begin trading on the Nasdaq Global Select Market on June 22, 2026, under the new ticker symbol – HAPN – to reflect the rebranding of LendingClub Bank to Happen Bank.
A beat Q2 estimates and raised its fiscal 2026 outlook. It says its Ignite operating system is driving more durable gains in pricing, execution and margins.