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LendingClub Officially Becomes Happen Bank, Marking a New Chapter for the Digital-First Bank

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Begins trading on Nasdaq under the ticker symbol “HAPN”

SAN FRANCISCO, June 22, 2026 /PRNewswire/ — Happen, Inc. (Nasdaq: HAPN) https://www.multivu.com/lending-club/9384851-en-lendingclub-bank-happen-bank-digital-built-help-people-move-forward (formerly LendingClub Corporation) today announced the official launch of the Happen Bank™ brand, marking a significant milestone in its evolution into a digital bank for people who want to make more happen with their money.

Beginning today, Happen Bank’s brand comes to life at www.happen.com, its mobile app, customer communications, advertising, and more. Today also marks the first day that Happen, Inc. common stock will trade on the Nasdaq Stock Market under the HAPN ticker.

“We’ve reached an exciting milestone for our company and for the millions of members we serve,” said Scott Sanborn, CEO of Happen Bank. “Becoming Happen Bank and now trading on Nasdaq reflects how far we’ve come in building a modern digital bank designed around people’s real financial needs. The Happen Bank brand more clearly reflects the role we play in consumers’ lives: helping people make things happen with products that are smart, transparent, and easy to use.”

Happen Bank delivers:

Award-winning unsecured personal loans for debt consolidation, home improvement, and affording life’s important momentsAward-winning high-yield savings accounts that reward consistent saving habitsAward-winning checking accounts offering cash back on essentials purchases and for on-time loan paymentsLending decisions in minutes with transparent terms and no hidden fees or gotchasMobile-first digital banking experiences designed for real-life moments

Happen Bank products are aligned by design to reward members for their positive financial behaviors. For example, members who have a Happen Bank personal loan have the opportunity to get 2% of their monthly payment in cash back1 for making on-time loan payments from their LevelUp Checking account – demonstrating that Happen Bank products deliver even more value when used together. And members who contribute at least $250 to their LevelUp Savings account each month – a contribution threshold designed to fit within most of our members’ budgets – earn more than 10 times the national average APY.2

“Whether it’s consolidating debt, building savings, improving their credit, or planning for what’s next, we clear the way for our members to make meaningful progress and we reward their positive financial behaviors along the way,” said Mark Elliot, Chief Customer Officer of Happen Bank.

A Brand Built for Momentum

The name Happen Bank is intentional. It signals action, progress, and forward momentum.

The brand identity reflects this energy, with a dynamic wordmark and a modern visual system that stands apart from traditional banking conventions.

While the company’s name and visual identity have changed, the foundation that customers know and trust remains unchanged. Happen Bank is still the same FDIC-insured digital bank, operated by the same company and people, serving millions of members with the same commitment to helping them improve their financial lives. Existing accounts, products, login credentials, routing information, and services are unaffected.

“This isn’t just a name change – it’s a recognition of who we’ve become,” said Sanborn. “Happen Bank reflects our commitment to helping members turn intention into action and achieve meaningful financial progress.”

To mark the official launch, we will be ringing the Nasdaq Opening Bell at 9:30 a.m. ET (6:30 a.m. PT) on Tuesday, June 30, 2026, at the Nasdaq MarketSite in Times Square in New York City.

To learn more about Happen Bank and its products, visit Happen.com.

About Happen Bank

Happen Bank™ (formerly LendingClub Bank) is a digital bank built for the Motivated Middle: high-FICO, high-income, digitally savvy consumers actively managing their financial lives. Our difference? We make it easy for them to access award-winning products that help them keep more of what they earn and earn more on what they save. Our products are aligned by design to reward our five million plus members when they take positive financial steps like saving regularly or making loan payments on time.

Our success is fueled by our advanced credit underwriting, a proprietary technology platform engineered for innovation, and a marketplace bank model that drives value for members, loan investors, and shareholders alike. The result is affordable credit, meaningful value, and a trusted banking relationship — delivered consistently and profitably at scale.

Happen Bank exists to clear the way for our members to make it happen.

Happen, Inc. (Nasdaq: HAPN) – formerly LendingClub Corporation – is the parent company and operator of Happen Bank, National Association, Member FDIC. For more information about Happen Bank, visit https://www.happen.com.

Safe Harbor Statement

Some of the statements in this press release, including statements regarding the benefits of our products and services, are “forward-looking statements.” Words such as “plan”, “expect”, “anticipate” and similar expressions may identify forward-looking statements, although not all forward-looking statements may contain these identifying words. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: macroeconomic conditions, competition, demand for our products and services, and those factors set forth in the section titled “Risk Factors” in our most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, as well as in its subsequent filings with the Securities and Exchange Commission. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements, and you should not place undue reliance on forward-looking statements. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

For Media: Press@happen.com
For Investors: IR@happen.com

Footnotes
1 Loan payment cash back provides members the opportunity to earn 2% cash back for qualifying payments made electronically from Happen Bank LevelUp Checking accounts if they meet all eligibility criteria as described in the applicable product terms and conditions.
2 National average source: FDIC as of 5/18/2026.

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SOURCE Happen, Inc.

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Competition Bureau advances investigation into Sobeys’ use of property controls across Canada

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GATINEAU, QC, June 22, 2026 /CNW/ – The Competition Bureau has obtained court orders to advance its investigation into Empire Company Limited’s use of property controls in Canada. Empire is the parent company of Sobeys, Farm Boy, Safeway, IGA, Foodland and FreshCo, among others.

The Bureau’s investigation is examining the company’s use of property controls across Canada to assess whether their practices harm competition in the retail grocery industry. Lack of competition in the grocery industry can result in higher prices, lower quality and less availability.

The court orders, granted by the Federal Court, require the production of records, written information and oral testimony relevant to the Bureau’s investigation.

Earlier in the investigation, the Bureau obtained an initial court order requiring Empire to produce information focused on property controls in the Halifax Regional Municipality. The new orders will provide the Bureau additional information about the scope of Empire’s practices in Canada, including how the company negotiates property controls and their potential impacts on competition across Canada.

The investigation is ongoing and there is no conclusion of wrongdoing at this time.

The Bureau focuses its work on sectors that matter to Canadians, including those affecting essential household expenses like food.

Quick facts:

Property controls are restrictions on the use of commercial real estate that limit how a property can be used by others. These property controls are common across Canada, especially in retail settings. They can harm competition by making it difficult, or even impossible, for businesses to open new stores.In June 2023, the Bureau published its grocery market study, which concluded that property controls can limit competition from new grocers and can deny consumers the benefits of competition including lower prices, greater choice and increased innovation.In June 2024, the Bureau obtained two court orders to advance its investigations into the use of property controls by Sobeys’ and Loblaw’s parent companies related to property controls in the Halifax Regional Municipality.In January 2025, the Bureau took investigative actions that resulted in Empire agreeing to remove a property control that restricted retail grocery store competition in Crowsnest Pass, Alberta.In June 2025, the Bureau announced that it continues to monitor Loblaw’s public commitment to end property controls in Canada.The Bureau urges Canadians to report any property controls that may be anti-competitive using the online complaint form.

Related products

Competitor property controls and the Competition Act

Associated links

Competition Bureau advances investigations into Sobeys and Loblaw’s use of property controls Competition Bureau takes action to protect competition in the grocery industry in an Alberta communityCompetition Bureau monitors Loblaw’s commitment to end property controlsRetail Grocery Market Study

General information:
Request for information | Complaint form

Stay connected:
Twitter | Facebook | LinkedIn | YouTube | RSS Feed | Email Distribution List

The Competition Bureau is an independent law enforcement agency that protects and promotes competition for the benefit of Canadian consumers and businesses. Competition drives lower prices and innovation while fueling economic growth.

SOURCE Competition Bureau

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Survey: 1 in 3 World Cup Fans Perceive the Hydration Break as More of an Advertising Opportunity Than a Health Break

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New MFour Data Research survey of 1,000 U.S. World Cup viewers reveals the 90-second window where Michelob Ultra, Gatorade, and Nike get to put their biggest stars — and the world’s biggest athletes — right in front of a captive global audience

LOS ANGELES, June 22, 2026 /PRNewswire/ — The whistle blows. Players grab water bottles. Sponsor logos flood the screen. And somewhere in the stands, and on couches across the country… a debate quietly plays out: is this break for the athletes, or for the advertisers?

According to a new survey by MFour Data Research, the answer depends on who you ask.

MFour surveyed 1,000 U.S. World Cup viewers in the U.S. during the group round of the 2026 tournament and found that 64% see hydration breaks as a genuine player health measure — while 36% see them for what they also are: a primo 90-second slot for Michelob Ultra, Gatorade, New Balance, and Nike to roll out their glossiest advertising, complete with celebrity appearances, slow-motion athlete close-ups, and whatever Lionel Messi is currently selling. One in three fans knows exactly what’s happening. The other two-thirds are just relieved their striker is getting fluids.

“The hydration break is the best two minutes in advertising — players get water, Michelob Ultra gets eyeballs, and Christian Pulisic gets another advertising deal. Everybody wins. Especially the fans who just spotted Messi in a Mich Ultra ad.”

— Chris St. Hilaire, Chief Executive Officer, MFour Data Research

Survey Methodologys

MFour surveyed n=1,000 U.S. residents who watch the World Cup on June 18, 2026 via its proprietary mobile panel — the largest mobile survey panel in the U.S. The sample is nationally balanced and representative of U.S. adults ages 18-64. Demographic breakdowns available upon request.

About MFour Data Research

MFour Data Research operates the largest mobile survey panel in the United States, connecting brands with real consumers in real moments — on their phones, in their lives, as it happens. MFour Data Research enables companies to understand consumer behavior with unmatched speed and precision. For more information, visit mfour.com.

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SOURCE MFour Data Research

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Africa Tech Festival 2026 returns as Africa’s defining platform for digital transformation, investment and innovation

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Africa Tech Festival 2026 is structured around six interconnected pillars that reflect the technologies and priorities driving Africa’s digital economy: Telecoms & Connectivity; Data Centres; AI; Cybersecurity; Startups; and Digital Transformation

CAPE TOWN, South Africa, June 22, 2026 /PRNewswire/ — Africa Tech Festival (https://AfricaTechFestival.com), the continent’s longest running and most influential technology gathering, will return to the Cape Town International Convention Centre from 16 to 19 November 2026, bringing together key stakeholders driving the next phase of Africa’s digital growth.

Now in its 29th edition, Africa Tech Festival, originally launched as AfricaCom, has evolved alongside the continent’s digital transformation, expanding its focus to encompass the full spectrum of technology, investment opportunities and policies that drive economic growth.

At a time when investment in connectivity, subsea cables, fibre networks, data centres and cloud infrastructure is reshaping Africa’s digital landscape, Africa Tech Festival serves as a catalyst for the conversations and partnerships driving that progress. South Africa’s Department of Communications and Digital Technologies is a Strategic Partner of the event, with Minister of Communications and Digital Technologies, Hon. Solly Malatsi, confirmed to deliver the opening address.

“Africa Tech Festival is a strategic platform shaping Africa’s digital future, bringing together leaders from across the continent in government and industry to drive collaboration, investment, and innovation. As host country, South Africa is proud to champion an event that not only strengthens partnerships, but advances a shared vision of an inclusive, connected and globally competitive African digital economy,” said Minister Malatsi.

Africa Tech Festival 2026 is structured around six interconnected pillars that reflect the technologies and priorities driving Africa’s digital economy: Telecoms & Connectivity; Data Centres; AI; Cybersecurity; Startups; and Digital Transformation.

Together, these pillars provide a framework for addressing some of the continent’s most pressing priorities, including digital infrastructure expansion, greater connectivity and digital inclusion, responsible AI adoption, stronger data sovereignty and digital trust, and the partnerships and investments needed to unlock Africa’s next wave of innovation and economic growth.

The event will feature dedicated content programmes, executive forums, exhibitions, networking opportunities and investment-focused discussions designed to connect decision-makers from across Africa and around the world.

“It is now clear that this is a defining moment for the ICT sector in Africa. AI adoption is transforming business processes, but it also raises questions around inclusion, data sovereignty and the capacity of digital infrastructure. Africa Tech Festival is the only forum where leaders from across the tech ecosystem – telecoms operators, hyperscalers and corporate end-users – can come together to find the answers,” said David Monaghan, VP, Africa Tech Festival.

As Africa’s digital economy continues to attract global investment and attention, Africa Tech Festival showcases the continent’s capabilities and leadership while connecting African stakeholders with international investors, technology companies and policymakers. Beyond the annual event, it continues to serve as a year-round forum for thought leadership, industry engagement and ecosystem development, helping shape the policies, investments and innovations that are accelerating Africa’s digital transformation.

Register to attend Africa Tech Festival 2026

General registration: https://apo-opa.co/3Sq6goC
For more information, as well as exhibitor and sponsor applications, visit https://AfricaTechFestival.com.
Distributed by APO Group on behalf of Africa Tech Festival.

Download Image 1: https://apo-opa.co/4b4I55w
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About Africa Tech Festival:

Africa Tech Festival is the continent’s leading platform for shaping the future of the digital economy. Taking place annually in Cape Town, the festival brings together the full technology ecosystem, from telecoms and infrastructure providers to enterprise leaders, startups, investors and policymakers.

Through six core pillars spanning connectivity, AI, cybersecurity, data centres, digital transformation and the startup ecosystem, Africa Tech Festival delivers a comprehensive view of the trends, challenges and opportunities defining Africa’s digital landscape.

The festival combines high level content with large scale exhibition and networking, creating a space where strategy meets execution. Across three days, it convenes global technology leaders, decision makers and innovators to share insight, build partnerships and drive real business outcomes.

Africa Tech Festival is part of Informa Festivals, a division of Informa. 

Contact:
marie@apo-opa.com 

View original content:https://www.prnewswire.com/news-releases/africa-tech-festival-2026-returns-as-africas-defining-platform-for-digital-transformation-investment-and-innovation-302806448.html

SOURCE Africa Tech Festival

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