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Happen Doubles Loan Issuance Through App as Deposits Grow 22%

Borrowers who came to Happen to pay off credit cards are giving the bank additional sources of business through their savings. Happen, formerly known as LendingClub, reported that deposits grew 22% from a year earlier to $11.5 billion in the third quarter, according to earnings results released on Wednesday (Oct. 28). The number of active […] The post Happen Doubles Loan Issuance Through App as Deposits Grow 22% appeared first on PYMNTS.com.

By PYMNTS

1 min read
Happen Doubles Loan Issuance Through App as Deposits Grow 22%
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