Press Releases

Enova Announces Acquisition of Pangea Universal Holdings, a Next-Generation Payments Platform

Pangea will leverage Enova marketing, technology, analytics and capital to accelerate its rapid growth

CHICAGO, March 19, 2021 /PRNewswire/ — Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning (ML) and artificial intelligence (AI), today announced that it has acquired Pangea Universal Holdings, a Chicago-based payments platform offering mobile international money transfer services. This acquisition brings ...

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Enova Announces Definitive Agreement to Combine its ODX Business with Fundation’s Business to form Market-Leading Digital Account Origination Company

Combined company will serve top U.S. banks with AI-based analytics solutions and a global SaaS platform. Enova will retain a minority stake in the new combined company.

Feb 25, 2021

CHICAGO, Feb. 25, 2021 /PRNewswire/ — Enova International (NYSE: ENVA), a leading financial technology and analytics company offering consumer and small business loans and financing, today ...

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Enova Reports Fourth Quarter and Full Year 2020 Results

– Compared to a year ago, quarterly diluted earnings per share from continuing operations increased from $0.87 to $6.47 and adjusted earnings per share increased from $0.92 to $2.39. – Fourth quarter total company originations more than tripled from the third quarter to $536 million. – The ratio of consolidated portfolio net charge-offs as a ...
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Enova Reports Third Quarter 2020 Results

– Compared to a year ago, both diluted earnings per share from continuing operations and adjusted earnings per share more than tripled to $3.09 and $2.97, respectively – Consolidated portfolio delinquency and net charge-off rates as a percentage of average combined loan and finance receivables were among the lowest in the company’s history – Total ...
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