Enova International news and trends

Enova Sees ‘Stable’ Nonprime Consumer Credit, Small Business Trends
Earnings // February 04, 2025

Enova International’s fourth quarter growth — with double-digit gains in loan originations and revenues — showed strength across small business demand and lending to consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
Earnings // April 23, 2024

Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

CFPB Bans Enova From Offering Certain Consumer Loans
CFPB // November 15, 2023

The Consumer Financial Protection Bureau (CFPB) has ordered online lender Enova International to pay a $15 million penalty, banned it from offering certain consumer loans and required it to tie executive compensation to its compliance with federal consumer financial protection laws. Get the Full Story...

Enova’s ODX, Fundation To Form SMB Lending Firm Through Merger
B2B Payments // February 25, 2021

Enova International struck a deal to combine its ODX operation with origination solutions company Fundation. Enova will keep a minority share in the new combined company, according to a Thursday (Feb. 25) announcement. Get the Full Story Complete the form to unlock this article and...

Interviews & Exclusives
Online Lending’s New “Colossus”

July 18, 2017
It used to be that small businesses needing loans could wait weeks or months for a decision from the provider, with pre-qualification steps taking up a huge chunk of the time – and after all that, there was no guarantee that the provider would find them creditworthy. Get the Full Story Complete the form to […]

Quick Reads
Enova to Acquire Grasshopper Bank to Gain Digital Infrastructure

December 11, 2025
Enova International plans to acquire Grasshopper Bancorp and its wholly owned subsidiary Grasshopper Bank to create what it says will be a “stronger, more diversified financial services provider.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending

April 23, 2024
Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB Bans Enova From Offering Certain Consumer Loans

November 15, 2023
The Consumer Financial Protection Bureau (CFPB) has ordered online lender Enova International to pay a $15 million penalty, banned it from offering certain consumer loans and required it to tie...

Enova Loan Originations More Than Triple From Q3 To $536 Million

February 04, 2021
Digital lending platform Enova International reported Thursday (Feb. 4) that total revenue dropped 24 percent from the fourth quarter of 2019 to Q4 2020. However, the financial services firm reported...