Happen, Inc.
- HAPN · Nasdaq
- Personal Credit Institutions
- San Francisco, CA
- 1,075 employees
- CIK 0001409970
Updated from SEC filings through
Top things to know
Executives
- Scott Sanborn CEO, Happen, Inc 8-K, 2026-10-28
- Andrew LaBenne Chief Financial Officer 4, 2026-08-27
- Steven C. Mattics Bank - Chief Lending Officer 4, 2026-08-27
- Dov Eytan Haselkorn Chief Risk Officer 4, 2026-03-09
- Jordan Cheng General Counsel & Secretary 4, 2026-09-04
- Fergal Stack SVP, Corporate Controller 4, 2026-08-27
What leadership is saying
“We had another great quarter, effectively navigating the dynamic rate environment to deliver record pre-tax income of $76.8 million and a return on tangible common equity of 15.8%, while growing originations 26% year-over-year to $3.3 billion”
Earnings press release (8-K Ex. 99.1), filed October 28, 2026
Happen, Inc. is a U.S. public company in personal credit institutions (SIC 6141), headquartered in San Francisco, CA. It trades as HAPN on Nasdaq. Revenue was $999M in the fiscal year ending December 31, 2025, +26.9% from the year before. It reported about 1,075 employees. Scott Sanborn is CEO, Happen, Inc.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $999M 10-K, 2026-02-12 | $787M 10-K, 2026-02-12 | $865M 10-K, 2026-02-12 | $1.2B 10-K, 2025-02-13 | $819M 10-K, 2024-02-16 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $136M 10-K, 2026-02-12 | $51.3M 10-K, 2026-02-12 | $38.9M 10-K, 2026-02-12 | $290M 10-K, 2025-02-13 | $18.6M 10-K, 2024-02-16 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Scott Sanborn | CEO, Happen, Inc | 8-K, 2026-10-28 |
| Andrew LaBenne | Chief Financial Officer | 4, 2026-08-27 |
| Steven C. Mattics | Bank - Chief Lending Officer | 4, 2026-08-27 |
| Steven Mattics Chief Lending Officer at LendingClub | Named in proxy bio: Chief Lending Officer | DEF 14A, 2026-04-21 |
| Dov Haselkorn | Named in proxy bio: Chief Risk Officer | DEF 14A, 2026-04-21 |
| Dov Eytan Haselkorn | Chief Risk Officer | 4, 2026-03-09 |
| Jordan Cheng | General Counsel & Secretary | 4, 2026-09-04 |
| Fergal Stack | SVP, Corporate Controller | 4, 2026-08-27 |
| Kathryn Reimann | Board member (per proxy) bio: Director | DEF 14A, 2026-04-21 |
| Timothy Mayopoulos | Board member (per proxy) bio: Director | DEF 14A, 2026-04-21 |
| Allan Landon | Director | 10-K, 2026-02-12 |
| Erin Selleck | Director | 10-K, 2026-02-12 |
| Faiz Ahmad | Director | 10-K, 2026-02-12 |
| Janey Whiteside | Director | 10-K, 2026-02-12 |
| John C. Morris | Director | 10-K, 2026-02-12 |
| Kathryn S. Reimann | Director | 10-K, 2026-02-12 |
What Happen, Inc. does
S. consumers that we refer to as the “motivated middle.” These consumers are digitally capable, value-conscious, and make frequent use of credit to achieve intentional financial goals; however, they are often poorly served by traditional financial institutions due to structural inefficiencies and limited transparency. Our branchless, mobile-first platform enables members to apply for and manage lending and banking products digitally, delivering competitive pricing and a streamlined experience.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 115.2 million (as of October 16, 2026) | 10-Q, October 29, 2026 |
|---|---|---|
| Public float | $1.2B (as of June 30, 2025) | 10-K, February 12, 2026 |
| Reportable segments | 1 (period ending December 31, 2020) | 10-K, March 11, 2021 |
| Latest proxy statement | Meeting June 2, 2026 (filed April 21, 2026) | DEF 14A, April 21, 2026 |
| Auditor | Deloitte & Touche LLP (San Francisco, California) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 5, 2026 | Jordan Cheng General Counsel & Secretary | Sale | 2,800 | $47K | Form 4, November 6, 2026 |
| October 29, 2026 | Jordan Cheng General Counsel & Secretary | Sale | 2,800 | $45K | Form 4, October 30, 2026 |
| September 15, 2026 | Erin Selleck Director | Sale | 7,148 | $119K | Form 4, September 17, 2026 |
| September 4, 2026 | Erin Selleck Director | Sale | 2,057 | $36K | Form 4, September 4, 2026 |
| September 3, 2026 | Jordan Cheng General Counsel & Secretary | Sale | 2,800 | $49K | Form 4, September 4, 2026 |
| August 26, 2026 | Scott Sanborn CEO | Sale | 28,750 | $525K | Form 4, August 27, 2026 |
| August 20, 2026 | Fergal Stack SVP, Corporate Controller | Sale | 115,000 | $2.1M | Form 4, August 20, 2026 |
| August 10, 2026 | Andrew LaBenne Chief Financial Officer | Sale | 13,929 | $270K | Form 4, August 12, 2026 |
Recent 8-K events
- 8-K filed 2026-10-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-22
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-06-04
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-06-02
- Item 3.01 Notice of delisting or failure to meet listing standards
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-27
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-11-05
- Item 7.01 Regulation FD disclosure
- 8-K filed 2025-10-22
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Happen, Inc.
- What does Happen, Inc. do?
- In its own words, from Item 1 of its 10-K: "S. consumers that we refer to as the “motivated middle.” These consumers are digitally capable, value-conscious, and make frequent use of credit to achieve intentional financial goals; however, they are often poorly served by traditional financial institutions due to structural inefficiencies and limited transparency. Our branchless, mobile-first platform enables members to apply for and manage lending and banking products digitally, delivering competitive pricing and a streamlined experience."
- What is Happen, Inc.'s revenue?
- $999M for the fiscal year ending December 31, 2025, from its 10-K filed February 12, 2026.
- Is Happen, Inc. profitable?
- Happen, Inc. reported net income of $136M for the fiscal year ending December 31, 2025.
- How many employees does Happen, Inc. have?
- About 1,075 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Happen, Inc.?
- Scott Sanborn, CEO, Happen, Inc, as named in a 8-K filed October 28, 2026.
- Who is the CFO of Happen, Inc.?
- Andrew LaBenne, Chief Financial Officer, as named in a 4 filed August 27, 2026.
- Where is Happen, Inc. headquartered?
- San Francisco, CA.
- What is Happen, Inc.'s stock ticker?
- HAPN on Nasdaq.
- What industry is Happen, Inc. in?
- Personal Credit Institutions, SIC code 6141.
- What is Happen, Inc.'s website?
- lendingclub.com.
- When does Happen, Inc. report earnings next?
- January 25, 2027. Source: estimate_8k_pattern.
- Is Happen, Inc. a public company?
- Yes. Happen, Inc. files with the SEC under CIK 0001409970 and trades as HAPN.
- Who audits Happen, Inc.?
- Deloitte & Touche LLP, San Francisco, California, as named in its latest annual report (10-K).
- How many shares of Happen, Inc. are outstanding?
- 115.2 million shares as of October 16, 2026, from its 10-Q filed October 29, 2026.
- What is Happen, Inc.'s public float?
- $1.2B as of June 30, 2025, as reported on the cover of its 10-K filed February 12, 2026.
- How many business segments does Happen, Inc. report?
- 1 reportable segment for the period ending December 31, 2020, from its 10-K filed March 11, 2021.
- When is Happen, Inc.'s annual shareholder meeting?
- June 2, 2026, per its proxy statement (DEF 14A) filed April 21, 2026.
- Have Happen, Inc. insiders traded stock recently?
- Since July 3, 2025, officers and directors reported 40 open-market sales worth about $12.2M and 0 purchases on Forms 4 and 5. The most recent: Jordan Cheng (General Counsel & Secretary) sold 2,800 shares on November 5, 2026.