Scott Sanborn Biography and Net Worth

CEO of Happen Bank

CEO of LendingClub (now Happen Bank) since 2016, Scott has led the company’s transformation from marketplace lender to a digital bank designed to remove friction, reward progress, and clear the way for people going places. Since 2007, Happen Bank has helped millions of Americans keep more of what they earn and earn more on what they save.

Scott joined the company in 2010 and has been a driving force in the management and development of the organization. With executive roles as Chief Marketing Officer, Chief Operations Officer, President, and now CEO, he has successfully steered the company through its 2014 IPO – the largest U.S. tech IPO that year – the COVID pandemic, the acquisition of Radius Bank in 2021, and the rebrand to Happen Bank in 2026. Previously, Scott held leadership positions as the Chief Revenue Officer for eHealth Insurance, President of RedEnvelope, Inc., and SVP at the Home Shopping Network.

Scott holds a BA from Tufts University.

What is Scott Sanborn's net worth?: The estimated net worth of Scott Sanborn is at least $22.99 million as of August 26th, 2026. Sanborn owns 1,462,774 shares of Happen Bank stock worth more than $22,994,807 as of November 11th. This net worth evaluation does not reflect any other assets that Sanborn may own. Learn More about Scott Sanborn's net worth.
How do I contact Scott Sanborn?: The corporate mailing address for Sanborn and other Happen Bank executives is 88 Kearny ST, Suite 600, San Francisco, CA, 94108. Happen Bank can also be reached via phone at (415) 930-7440 and via email at [email protected]. Learn More on Scott Sanborn's contact information.
Has Scott Sanborn been buying or selling shares of Happen Bank?: Scott Sanborn has not been actively trading shares of Happen Bank in the last ninety days. Most recently, Scott Sanborn sold 28,750 shares of the business's stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $18.25, for a transaction totalling $524,687.50. Following the completion of the sale, the chief executive officer now directly owns 1,462,774 shares of the company's stock, valued at $26,695,625.50. Learn More on Scott Sanborn's trading history.
Who are Happen Bank's active insiders?: Happen Bank's insider roster includes Jordan Cheng (General Counsel), Scott Sanborn (CEO), and Fergal Stack (SVP). Learn More on Happen Bank's active insiders.
Are insiders buying or selling shares of Happen Bank?: In the last twelve months, insiders at the sold shares 11 times. They sold a total of 252,650 shares worth more than $4,951,396.00. The most recent insider tranaction occured on November, 5th when General Counsel Jordan Cheng sold 2,800 shares worth more than $46,928.00. Insiders at Happen Bank own 3.3% of the company. Learn More about insider trades at Happen Bank.
Information on this page was last updated on 11/5/2026.

Scott Sanborn Insider Trading History at Happen Bank

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/26/2026	Sell	28,750	$18.25	$524,687.50	1,462,774
8/5/2026	Sell	28,750	$20.56	$591,100.00	1,478,563
7/1/2026	Sell	25,000	$21.00	$525,000.00	1,536,063
6/24/2026	Sell	28,750	$19.17	$551,137.50	1,561,063

Scott Sanborn Buying and Selling Activity at Happen Bank

Happen Bank Company Overview

Happen Bank, originally founded as LendingClub in 2006, is a digital bank primarily built for high-FICO, high-income borrowers that are actively managing their financial lives. The company offers products to make financial progress both fast and easy. Additionally, the company provides advanced credit underwriting, a proprietary technology platform, and a marketplace bank model intended to drive value for members, loan investors, and shareholders. Happen Bank is headquartered in San Fancisco, California.

Today's Range

Now: $15.72

$15.67

$15.91

50 Day Range

MA: $15.57

$13.77

$17.75

2 Week Range

Now: $15.72

$13.05

$21.67

Volume

1,173,516 shs

Average Volume

2,632,300 shs

Market Capitalization

$1.81 billion

P/E Ratio

8.78

Dividend Yield

N/A

Beta

1.61