Press Releases

Enova Completes Acquisition of OnDeck

CHICAGO, Oct. 13, 2020 /PRNewswire/ — Enova International (NYSE: ENVA), a leading financial technology and analytics company offering consumer and small business loans and financing, today announced it has completed the acquisition of On Deck Capital, Inc. (NYSE: ONDK), 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 ...

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Enova Announces New Board Member Linda Johnson Rice

CHICAGO, Sept. 10, 2020 /PRNewswire/ — Enova International (NYSE: ENVA), a leading financial technology and analytics company offering consumer and small business loans and financing, announced today that Linda Johnson Rice is joining Enova’s Board of Directors, effective immediately.

“Linda is a highly accomplished executive, and we are thrilled to welcome her to Enova’s Board,” said David Fisher, Enova’s CEO. ...

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Enova Reports Second Quarter 2020 Results

– Diluted earnings per share from continuing operations grew 78% to $1.58, and adjusted earnings per share rose 73% to $1.68 – Portfolio delinquency rates and the ratio of net charge-offs as a percentage of average combined loan and finance receivables have both stabilized as of June 30 and returned to pre-COVID levels – At ...
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Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses

Transaction Valued at $1.38 Per Share, Including $0.12 in Cash; Represents 90.4% Premium to OnDeck’s Closing Price as of July 27, 2020 Highly Accretive Transaction with Significant Cost and Revenue Synergy Opportunities Combines World-Class Capabilities in Consumer and Small Business Online Lending Creating a Company with Scale and Financial Strength to Drive Further Growth and ...
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