Happen, Inc.
LendingClub Corporation (NYSE: LC) operates as a leading nationally chartered digital bank serving creditworthy U.S. consumers through its innovative marketplace lending platform and deposit products. Founded in 2006, the company has facilitated more than $100 billion in loan originations and serves more than five… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Happen, Inc. does
In the company’s own words
LendingClub Corporation (NYSE: LC) operates as a leading nationally chartered digital bank serving creditworthy U.S. consumers through its innovative marketplace lending platform and deposit products. Founded in 2006, the company has facilitated more than $100 billion in loan originations and serves more than five million members through its branchless, mobile-first digital ecosystem.
The company's core business centers on consumer lending products including unsecured personal loans, auto refinance loans, and major purchase financing for healthcare and other planned expenses. LendingClub also originates small business loans through U.S. Small Business Administration lending programs. On the deposit side, the company offers FDIC-insured savings accounts, checking accounts, and certificates of deposit designed to complement its lending offerings and create an integrated financial ecosystem for members.
LendingClub operates through two primary revenue streams. Its marketplace platform generates origination fees from borrowers and servicing fees on loans sold to institutional investors including asset managers, financial institutions, and insurance companies. The company has sold approximately $8 billion in loans through its proprietary Structured Program since launch. Concurrently, the bank retains select loans on its balance sheet to generate recurring net interest income from the spread between loan yields and deposit costs.
The company's competitive differentiation rests on four core advantages: an underwriting platform built on nearly two decades of proprietary data and machine-learning models spanning more than 150 billion cells of performance data; products designed to deliver meaningful value to members; digital experiences that enhance transparency and engagement; and a scalable technology infrastructure. LendingClub's typical member represents a sought-after consumer demographic with relatively high income and above-average credit scores who seeks to consolidate higher-cost debt into fixed-rate products.
As a national bank subject to comprehensive federal regulation by the Office of the Comptroller of the Currency and the Federal Reserve, LendingClub maintains capital and liquidity requirements consistent with Basel III standards. The company's website is located at www.lendingclub.com.
Company details
- Sector
- Financials
- Industry
- Banks & Brokers
- Headquarters
- SAN FRANCISCO, CA
- Fiscal year end
- December
- CIK
- 1409970
- SIC
- 6141
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Happen, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Happen, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Happen, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Happen, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Happen, Inc.'s last four quarterly filings that the numbers alone won't show?”