Happen Inc - Company Profile
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Related keylists
Happen Inc, formerly LendingClub Corp (LendingClub) operates as a digital marketplace bank, providing a platform for a range of financial products and services. The company's main activities include originating personal, patient, education, and auto refinance loans, as well as offering deposit products such as high-yield savings accounts and checking accounts. LendingClub provides a suite of financial products designed to enhance members' financial positions, including balance transfers and joint applications. The company's services cater to individual consumers and small businesses, with applications in personal finance and small business lending. LendingClub partners with marketplace investors such as banks, credit unions, and asset managers to distribute its loan products. The company primarily targets the US. market through its digital platform. LendingClub is headquartered in San Francisco, California, the US.
Headquarters
United States of America
Address
595 Market Street, Suite 200, San Francisco, California, 94105
Website
www.lendingclub.com
Telephone
1 888 5963157
No of Employees
1,075
Industry
Financial Services
Ticker Symbol & Exchange
HAPN (NASD)
Revenue (2024)
$998.8M
26.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
164.3%
(2024 vs 2023)
Market Cap*
$2.3B
Net Profit Margin (2024)
XYZ
108.3%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Personal Loans | Institutional Investment Services | LendingClub |
| Education Loans | ||
| Auto Refinancing | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In April, the company acquired intellectual property and talent of Cushion, an AI-powered spending intelligence platform. |
| 2025 | New Products/Services | In June, the company’s subsidiary, LendingClub Bank, launched LevelUp Checking. which is designed to reward its members for making smart financial decisions. |
| 2024 | Contracts/Agreements | In October, the company partnered with Pagaya Technologies LTD to acquire the intellectual property of Tally Technologies, Inc. |
Competitor Comparison
| Key Parameters | Happen Inc | Funding Circle Ltd | Prosper Marketplace, Inc. | Affirm Inc | Kiva Microfunds Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Kingdom | United States of America | United States of America | United States of America |
| City | San Francisco | London | San Francisco | San Francisco | San Francisco |
| State/Province | California | England | California | California | California |
| No. of Employees | 1,075 | 710 | 416 | - | - |
| Entity Type | Public | Private | Private | Private | Institution |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John C. (Hans) Morris | Chairman | Executive Board | 2013 | 65 |
| Scott Sanborn | Chief Executive Officer; Director | Executive Board | 2016 | 55 |
| Drew LaBenne | Chief Financial Officer | Senior Management | 2022 | 51 |
| Lukasz Strozek | Chief Technology Officer | Senior Management | - | - |
| Tina Wilson | Chief People Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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