# Enova International

> Enova International is a publicly traded Chicago financial-services company that uses proprietary analytics and machine learning to provide online credit to consumers and small businesses often underserved by banks. Its brands include CashNetUSA, NetCredit, Simplic, OnDeck and Headway Capital, while Pangea handles international money transfers and the Colossus platform powers real-time decisioning. By mid-2026, Enova said it had provided more than $72 billion in loans and financing to over 15 million customers.

- **Founded:** 2004
- **Headquarters:** Chicago, United States
- **Founders:** Al Goldstein (Co-founder and former President and CEO of CashNetUSA)
- **Team size:** 1,500+ employees reported by Enova; LinkedIn listed roughly 1,581 employees in 2026.
- **Products:** CashNetUSA, NetCredit, Simplic, Headway Capital, OnDeck
- **Notable:** Provided more than $72 billion in loans and financing to more than 15 million customers by mid-2026., Generated $3.2 billion in total revenue and $308 million in net income in 2025., Reached a record $5.5 billion in combined loans and finance receivables at the end of the second quarter of 2026.

## Products & services

- **CashNetUSA** — Online installment loans and lines of credit for U.S. consumers, including non-prime borrowers.
- **NetCredit** — U.S. personal loans and lines of credit that assess multiple eligibility factors rather than relying only on a conventional credit score.
- **Simplic** — A fully online personal-credit experience for consumers in Brazil.
- **Headway Capital** — Revolving lines of credit for U.S. small businesses, with flexible draw and repayment options.
- **OnDeck** — Term loans and lines of credit for small businesses; acquired by Enova in 2020.
- **Pangea Money Transfer** — Mobile international money transfers from the United States to countries in Latin America and Asia; acquired in 2021.
- **Colossus** — Enova's proprietary real-time analytics and machine-learning platform for credit decisioning and customer lifecycle optimization.
- **Enova Decisions** — Real-time predictive analytics and decisioning services developed from Enova's internal technology capabilities.

## Achievements

- Provided more than $72 billion in loans and financing to more than 15 million customers by mid-2026.
- Generated $3.2 billion in total revenue and $308 million in net income in 2025.
- Reached a record $5.5 billion in combined loans and finance receivables at the end of the second quarter of 2026.
- Completed the approximately $122 million acquisition of OnDeck in October 2020.
- Spun off from Cash America and began trading independently on the NYSE under ENVA in 2014.
- Named across eight 2026 Built In Best Places to Work categories, according to Enova's LinkedIn announcement.

## Latest updates

- **2026-07** — Reported second-quarter revenue of $929 million, up 22% year over year, with $2.3 billion in originations and a record $5.5 billion in combined loans and finance receivables.
- **2026-07** — Said the proposed Grasshopper Bank acquisition remained in constructive regulatory review and was expected to close later in 2026.
- **2026-07** — Announced Maria Veltre would join the board as part of planned board changes.
- **2026-05** — Published research saying 93% of surveyed small businesses expected growth in 2026.
- **2026-01** — Reported full-year 2025 revenue of $3.2 billion, up 19%, and net income of $308 million.
- **2025-12** — Signed a definitive agreement to acquire Grasshopper Bancorp and Grasshopper Bank for approximately $369 million in cash and stock.

## Links

- Website: https://www.enova.com/
- LinkedIn: https://www.linkedin.com/company/enova-international
- Twitter/X: https://twitter.com/enova
- Instagram: https://www.instagram.com/insideenova/
- Facebook: https://www.facebook.com/Enova

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Profile page: https://yespress.io/enova-international
Published by YesPress — https://yespress.io
Last updated: 2026-08-11