Goodbye, LendingClub. Digital bank rebrands as Happen Bank
Key insight: LendingClub has picked a new name that includes the word "bank," an important milestone in the 20-year-old company's evolution. What's at stake: By rebranding itself as Happen Bank, the company is telling existing and potential customers that it's a bank, one with a range of products and services. Forward look: The change is set to roll out this summer, CEO Scott Sanborn said. LendingClub, which debuted two decades ago as an online alternative to traditional bank lending, is changing its ...