On Thursday, online lender Enova International posted a $52 million profit on $320 million in revenue, up 57% from the same time last year. In addition, total originations increased 26% sequentially to a record $856 million. Despite the good news, the stock saw only a 4% rise before falling back toward its downward trend this month.
In a deal that will rock the fintech space Enova announced this afternoon that they are acquiring OnDeck for $90...
Another Profitable Year for Marlette Funding as Best Egg Surpasses $7B of Personal Loans Blockchain RegTech Startup TRM Secures $1.7...
The head of NetCredit, a division of Enova, talks about their underwriting, bank partnerships, the human touch in credit and more. Source
Enova, best known for short term consumer loans, is acquiring OnDeck, one the leading online small business lenders, in a...
In this week’s PeerIQ Industry Update they cover the troubling data of millennial delinquency rising significantly higher than older borrowers;...
PeerIQ released their Q4 2018 Lending Earnings Insights Report which points to a number of themes showing the economy is strong...