Elevate Credit to Exit UK Market

Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced today that its wholly-owned subsidiary in the UK, Elevate Credit International Limited (“ECIL”), will cease operations in the UK effective June 29, 2020. The ECIL Board of Directors placed the UK subsidiary in administration under the UK Insolvency Act 1986 and appointed insolvency practitioners from KPMG LLP (the “Administrator”) to take control and management of the...


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