Tag : Enova

Enova Increases Funding Capacity by $550 Million with Recent Transactions
Fintech Funding News

Enova Increases Funding Capacity by $550 Million with Recent Transactions

Fintech News Desk
by Fintech News Desk0
Enova International a leading financial technology company powered by machine learning and artificial intelligence, announced today that during June the company closed $550 million of additional funding capacity.  A new two-year $420 million small business securitization warehouse with two new bank lenders was priced at 271 basis points over the applicable base index and will support funding small......
Enova Increases Securitization Warehouse Facilities with Additional $235 Million in Capacity
Artificial Intelligence News

Enova Increases Securitization Warehouse Facilities with Additional $235 Million in Capacity

Fintech News Desk
by Fintech News Desk0
Enova International, a leading financial technology company powered by machine learning and artificial intelligence, announced that during March the company closed $235 million of additional capacity across all four of its existing consumer and small business securitization warehouse facilities. “Our ability to increase the capacity in each of our existing committed......
GlobalFintechSeries Interview with Arad Levertov, Founder & CEO at Sunbit
Artificial Intelligence Business Fintech Interviews

Global Fintech Interview with Arad Levertov, Founder & CEO at Sunbit

Paroma Sen
by Paroma Sen0
Improving Marketing and Sales Alignment, Adjusting to the New Normal and Scaling Business Growth Despite Covid-19, catch more in these conversations with experts from JotForm, Xactly, Demandbase!...
Enova Announces $50 Million Expansion of Share Repurchase Program
Business Fintech News

Enova Announces $50 Million Expansion of Share Repurchase Program

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 that its Board of Directors has authorized a share repurchase plan for up to $50 million of its common stock. This new program will be in place until December 31, 2021 and is an expansion......
Enova Completes Acquisition of OnDeck
Business Fintech News

Enova Completes Acquisition of OnDeck

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 it has completed the acquisition of On Deck Capital, a leader in online lending for small business, for $1.89 per share, or approximately $122 million. The acquisition creates a company with significant scale and diverse......
Enova Announces $50 Million Expansion of Share Repurchase Program
Fintech News

Enova Announces New Board Member Linda Johnson Rice

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 that Linda Johnson Rice is joining Enova’s Board of Directors, effective immediately. Read More: GlobalFintechSeries Interview with Clara Shih, CEO and Founder at Hearsay Systems “Linda is a highly accomplished executive, and we are......
Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses
Business Fintech News

Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses

Fintech News Desk
by Fintech News Desk0
Enova International and OnDeck, announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. The implied price of $1.38 per OnDeck share reflects a 43.6% premium to its 90-day volume-weighted average price......
Healthcare Finance Direct and Enova Decisions Team up to Build the New Standard of Patient Underwriting for Elective Healthcare Financing
Artificial Intelligence Economy Fintech News

Healthcare Finance Direct and Enova Decisions Team up to Build the New Standard of Patient Underwriting for Elective Healthcare Financing

Fintech News Desk
by Fintech News Desk0
Healthcare Finance Direct (HFD), a leading FinTech company, and Enova Decisions, an analytics company, announced a strategic partnership to build the new standard of patient underwriting for elective healthcare providers. This advanced patient finance underwriting model is powered by HFD’s platform and Enova Decisions’ consumer lending and real-time analytics expertise.......
Enova Provides $500,000 to Support COVID-19 Related Relief Efforts in Chicago
Business Fintech Fintech Funding News

Enova Provides $500,000 to Support COVID-19 Related Relief Efforts in Chicago

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 it will provide $500,000 to support COVID-19 related relief activities in Chicago where a majority of its employees live and work. The funds will help support the Chicago Community COVID-19 Response Fund......
Milliman and Enova Announce Strategic Alliance Providing Next Generation Advanced Analytic Solutions to Life Insurance Industry
Fintech InsurTech News

Milliman and Enova Announce Strategic Alliance Providing Next Generation Advanced Analytic Solutions to Life Insurance Industry

Fintech News Desk
by Fintech News Desk0
Milliman, Inc., a premier global consulting and actuarial firm, and Enova Decisions, a leading financial technology and analytics company, announced a strategic alliance aimed at bringing new advanced analytics to insurers. The alliance brings together Milliman’s deep domain expertise and data resources and Enova Decisions’ real-time analytic capabilities, giving insurers......
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