Enova Tops $1 Billion Quarterly Revenue as Online Lending Surges
By PYMNTS
AI summary of the source article
Online lender Enova reported that its third-quarter revenue exceeded $1 billion for the first time in company history. CEO Steve Cunningham announced the milestone during an earnings call on Thursday, October 22.
Key facts
- Enova's revenue exceeded $1 billion in the third quarter for the first time in its history.
- CEO Steve Cunningham announced the results during an earnings call on Thursday, October 22.
- The company experienced growth across its portfolio, noting healthy growth in originations and receivables.
Source excerpt · PYMNTS
Online lender Enova saw its revenue exceed $1 billion during a quarter for the first time in its history in the third quarter, with strong growth across its portfolio, CEO Steve Cunningham said Thursday (Oct. 22) during an earnings call. “We are pleased to report another quarter of healthy growth and credit as originations, receivables, […] The post Enova Tops $1 Billion Quarterly Revenue as Onlin…