Search Results for: non-prime consumers

Despite Pandemic, Businesses Feel Ready to Face Challenges to Drive Growth, Lean on Modifications to Operations to Get There
Fintech News

Genesis Financial Solutions Partners With Tavant for Enterprise-Wide Digital Transformation

Fintech News Desk
by Fintech News Desk0
Leading provider of second-look financing deploys modern, digital tools to support rapid growth Tavant, a Silicon Valley-based digital lending solutions leader, today announced it has partnered with Genesis Financial Solutions® (Genesis), the nation’s largest provider of private-label credit programs for non-prime consumers. This enterprise-wide digital transformation will introduce new mobile and......
Enova Announces $50 Million Expansion of Share Repurchase Program
Banking News

Enova To Announce Fourth Quarter and Full Year 2019 Results

Fintech News Desk
by Fintech News Desk0
Enova International , a leading financial technology and analytics company offering consumer and small business loans and financing, announced the company’s fourth quarter and full year 2019 financial results will be released after the market closes on Wednesday, January 29, 2020. Enova will host a conference call to discuss its......
KBRA Releases 12 Things in Credit: January 2024
Finance Fintech News

KBRA Releases 12 Things in Credit: January 2024

Business Wire
by Business Wire0
Among the wide-ranging topics Van has addressed over the past month are what rising credit card delinquencies signal, the anatomy of a soft landing, and the significance of nonbanks’ growing share of lending. 12 Things in Credit Hello, market participants! We started our weekly podcast, Van Hesser’s 3 Things in......
Lending Enablement Solutions Drive ROA Attainment for Automotive Lenders, Open Lending Survey Finds
Lending News

Lending Enablement Solutions Drive ROA Attainment for Automotive Lenders, Open Lending Survey Finds

Business Wire
by Business Wire0
New data validates the role of automated decisioning and risk analytics in financial institutions’ performance, with 95% of Lending Enablement users meeting ROA targets Open Lending Corporation, an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, released its Lending Enablement Benchmark report. The goal of the......
Open Lending Partners with Crescent Bank to Meet Demand for Auto Loans, Accelerate Approval Process
Banking News

Open Lending Partners with Crescent Bank to Meet Demand for Auto Loans, Accelerate Approval Process

Business Wire
by Business Wire0
Bank takes on lending partner to expand loan offerings and automate loan decisions for non-prime borrowers across 32 U.S. states Open Lending Corporation, an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, has announced a partnership with Crescent Bank, an institution offering auto loans to consumers......
CURO Names Doug Clark Chief Executive Officer
Lending News

CURO Names Doug Clark Chief Executive Officer

Fintech News Desk
by Fintech News Desk0
President of North America Direct Lending Business and Consumer Finance Industry Veteran to Lead Execution of Business Strategy Following Strategic Transformation CURO Group Holdings Corp., a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, announced that Doug Clark has been named Chief Executive......
CURO Closes $425 Million Facility
Finance News

CURO Closes $425 Million Facility

Fintech News Desk
by Fintech News Desk0
CURO Group Holdings Corp. a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, today announced that on July 15, 2022, it entered into a new $425 million non-recourse revolving warehouse facility to replace the incumbent lender and finance future loans originated by Heights......
CURO Closes $425 Million Facility
Finance News

CURO Completes Acquisition of First Heritage Credit and Adds Funding Capacity

Fintech News Desk
by Fintech News Desk0
CURO Group Holdings Corp. a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, today announced that it has completed its previously announced acquisition of First Heritage Credit (“FHC”), a consumer lender that provides near-prime installment loans along with customary opt-in insurance and other......
CURO Announces Closing of Sale of Legacy US Direct Lending Business
Finance News

CURO Announces Closing of Sale of Legacy US Direct Lending Business

Fintech News Desk
by Fintech News Desk0
CURO Group Holdings Corp. a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, today announced that on July 8, 2022 it completed the divestiture of its Legacy U.S. Direct Lending business to Community Choice Financial, a consumer financial services company based in Dublin,......
Canada Drives Secures $40Million CAD in Funding Round from Goeasy
Fintech Funding News

Canada Drives Secures $40Million CAD in Funding Round from Goeasy

Fintech News Desk
by Fintech News Desk0
The investment will propel Canada Drives’ continued expansion across the country Canada Drives (“the Company”), Canada’s largest 100% online car shopping and to-your-door delivery platform, announced the close of $40M CAD in equity funding from Canadian company goeasy Ltd. (“goeasy”), one of Canada’s leading non-prime consumer lenders. With the Company operational......
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