Elevate Credit

General Information
Business:

We provide technology-driven, progressive online credit solutions to non-prime consumers, typically defined as those with credit scores of less than 700. We use advanced technology and proprietary risk analytics to provide more convenient and more responsible financial options to our customers, who are not well-served by either banks or legacy non-prime lenders. We currently offer online installment loans and lines of credit in the US and the UK. Our products, Rise, Elastic and Sunny, reflect our mission of “Good Today, Better Tomorrow” and provide customers with access to competitively priced credit and services while helping them build a brighter financial future with credit building and financial wellness features.

Industry: FINANCE SERVICES
Employees: 490
Founded: 2014
Contact Information
Address 4150 International Plaza, Suite 300, Fort Worth, TX 76109, US
Phone Number (817) 928-1500
Web Address http://www.elevate.com
View Prospectus: Elevate Credit
Financial Information
Market Cap $638.4mil
Revenues $475.2 mil (last 12 months)
Net Income $-15.0 mil (last 12 months)
IPO Profile
Symbol ELVT
Exchange NYSE
Shares (millions): 3.6
Price range $20.00 - $22.00
Est. $ Volume $75.5 mil
Manager / Joint Managers UBS Securities/ Jefferies/ Stifel/ William Blair & Company
CO-Managers BB&T Capital Market
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change