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Online Credit Solution Company: Elevate Credit (ELVT) (2014)

Elevate Credit, Inc. (NYSE: ELVT) is a Delaware company established in January 2014. Before May 1, 2014, the company operated as an independent business line of TFI. After May 1, Spin-off and become an independent company, headquartered in Fort Worth, Texas, with 685 full-time employees. It is an online credit solution company (serving for people with a credit score of 700 or less).

Elevate Credit ELVT Logo

Elevate Credit (ELVT):

Elevate Credit mainly adopts its advanced technology and patent risk assessment system to provide convenient and responsible financial services for “sub-credit” persons (customers) who cannot be well served by banks or traditional lending institutions. The company currently provides online installment loans and credit lines to clients in the United States and the United Kingdom.

Elevate Credit provides online credit solutions for sub-credit consumers in the United States and the United Kingdom. Elevate Credit provides unsecured online installment loans, credit lines and credit cards.

Elevate Credit products include: Rise installment loans and credit line products; Elastic, a credit product line; Sunny, installment loan products; and Today Card, a credit card product.

Elevate Credit (ELVT) investment:

Elevate Credit submitted its IPO documents on November 9, 2015 and landed on the NYSE on 4/6/2017. The issue price was US$6.5, 12,400,000 shares were issued, and US$80.6 million was raised. The stock code is ELVT.

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