Culturally bankrupt - Anonymous employee Happen Bank Employee Review

2.0
Jan 29, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

LendingClub is a good place to get your feet wet in fintech if you are coming from a bank. Over time, the culture has shifted towards that of a bank and will continue to go like that. They pay really well. The product and concept is innovative.

Cons

LendingClub lacks sensical leadership in any particular direction. The board come from good backgrounds, but LendingClub is the perfect example of how that can make little difference in how effective the management is. They say diversity and inclusion is their goal, but is not given much effort beyond lip service because management has only gotten whiter and more male as the company grows. Turnover is very high and several years there saw several rounds of people come and go at all levels. I would not have spent as much time there if I had realized earlier that their cultural shortcomings are the exception and not the rule.

Explore other reviews about Happen Bank

5.0
May 31, 2026
Recommend
CEO approval
Business Outlook

Pros

nice office and learned a lot

Cons

did not get to work too cross functionally

2.0
May 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent starting pay and some good teammates. The company is highly profitable and continues to grow. Opportunities to take on new responsibilities and expand your scope. Equity awards.

Cons

Over the course of several years, I have been given additional responsibilities multiple times without more compensation despite the company’s strong financial performance. While I’m happy to contribute, the pattern of increasing responsibility without recognition is a major demotivator, even to your most diligent employees. It's tiresome. It doesn't take much effort to make strong contributors feel seen and valued, and it's such a missed opportunity not to. The company frequently talks about culture and values, but there is infighting and rivalries between teams and individuals. That energy creates drama instead of collaboration and leads to repetitious mistakes. Good people — especially top performers — eventually leave because they can.

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