Enova International is a leading online financial services company founded in 2004, headquartered in Chicago, Illinois, USA. The company specializes in providing innovative financial products and services powered by advanced analytics, machine learning algorithms, and proprietary technology. Over its 20-year history, Enova has provided more than $61 billion in loans and financing to over 12 million customers, focusing on serving small businesses and consumers underserved by traditional banks.
Enova operates a machine learning-driven platform called Colossusâ„¢, which supports its suite of market-leading financial products. The company’s technology enables it to deliver accessible and responsible credit solutions to non-prime consumers and businesses internationally. Enova holds itself to high standards of financial integrity and industry compliance and is a member of several lending trade associations in the U.S. and Brazil.
With a commitment to compliance, Enova adheres strictly to all applicable lending laws in each country it operates. The company employs approximately 1,782 employees across three offices, with a hybrid work model allowing employees flexibility between remote and in-office work.
Enova’s mission centers on responsible lending, helping hardworking people gain access to fast and trustworthy credit. The company’s leadership highlights a values-driven organization dedicated to rapid growth while maintaining industry-leading products and services. Enova aims to bring financial technology to life by solving real problems for consumers and businesses alike through innovative technology platforms and customer-centric solutions.
Overall, Enova International stands as a major player in the financial technology sector, combining technology, analytics, and responsible lending practices to expand credit access globally.