Happen Bank Tops $10 Billion in Personal Loans Sold via HAPS and LENDR
Happen Bank, the digital bank subsidiary of Happen, Inc. , announced on September 30, 2026 that it has crossed $10 billion in personal loans sold through its proprietary structured loan certificates programs, HAPS and LENDR. The bank, formerly known as…
FDIC and Federal Reserve Identify No Shortcomings in 15 Living Wills
The Federal Deposit Insurance Corporation and the Federal Reserve Board on September 29, 2026, published feedback letters on the 2025 resolution plans of 15 banking organizations with over $250 billion in assets, and the agencies did not identify any shortcomings…
Commonwealth Credit Union Broadens Upstart Deal to Cover HELOC, Auto Loans
Commonwealth Credit Union, the largest credit union headquartered in Kentucky, announced on September 23, 2026 the recent expansion of its partnership with Upstart into home equity lines of credit (HELOCs) and indirect auto lending. The credit union serves more than…
Revolut Secures Colombia Banking Licence in Final Launch Step
Revolut announced on 15 September 2026 that it has received its licence to operate (licencia de funcionamiento) from the Superintendencia Financiera de Colombia (SFC), the last step of the regulatory requirements to launch as a regulated bank in the country.…
Chime Agrees to Acquire Stride Bank for $590 Million in Cash
Chime announced on September 8, 2026 that it has entered into a definitive agreement to acquire Stride Bank, N.A., a nationally chartered bank that has been Chime’s bank partner for more than seven years, for $590 million in cash. Upon…
Revolut Secures Conditional OCC Approval for Proposed US National Bank
Revolut announced on September 3, 2026, that it has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for its U.S. national bank charter, a step the company described as central to its plan to…
Upstart August 2026 Originations Hit $1,342.1 Million as UMI Holds at 1.50
Upstart Holdings, Inc. published its monthly origination volume for August 2026 and its latest Upstart Macro Index (UMI) reading on September 3, 2026, reporting $1,342.1 million in originations for the month alongside a UMI of 1.50. The August volume covered…
