Happen (LendingClub) doubles loan issuance, deposits grow 22% to $11.5B

Happen launched a new product on October 28, 2026.

Primary

Happen

Amount

$12B

Date

October 28, 2026

Sub-sector

Lending Tech (Consumer)

Shows successful cross-selling and deposit accumulation in consumer lending—relevant for founders building embedded lending or deposit-funded lending models. Demonstrates how credit card payoff products can drive incremental revenue streams.

Primary company

Happen

Counterparty

Not disclosed

Amount

$12B

Event date

October 28, 2026

Sub-sector

Lending Tech (Consumer)

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PYMNTS

Source: pymnts.com