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Elevate (NYSE: ELVT) has originated $5.9 billion in non-prime credit to more than 2 million non-prime consumers to date and has saved its customers more than $4 billion versus the cost of payday loans. Its responsible, tech-enabled online credit solutions provide immediate relief to customers today and help them build a brighter financial future. The company is committed to rewarding borrowers good financial behavior with features like interest rates that can go down over time, free financial training and free credit monitoring. Elevates suite of groundbreaking credit products includes RISE, Sunny, Elastic, and Today Card. For more information, please visit http://www.elevate.com.
Elevate support growth-stage startups by helping on brand strategy & product design process.
PRODUCTS & SERVICES
Online credit products development platform
The company claims that it has originated $4 billion in nonprime credit to more than 1.6 million consumers till now (Apr 2017).
TOTAL FUNDING COMMENT
The company recently open for IPO in 7th April 2017.
Cumulative debt financing: $615 M (Jul 2016) and an undisclosed venture fund raised in May 2014.
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