Elevate Credit
Their innovative online credit solutions provide immediate relief to customers today and help them build a brighter financial future.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 Valuation: €0.0 | round | |
| N/A | €0.0 | round | |
* | $67.0m Valuation: $67.0m 0.1x EV/Revenue 0.9x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 17 % | (5 %) | (38 %) | (10 %) | 27 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 13 % | 15 % | 19 % | 31 % | 11 % | 14 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (1 %) | 2 % | 4 % | 4 % | (8 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Related Content
Elevate provides innovative, tech-enabled online credit solutions aimed at offering financial relief and fostering a brighter financial future. The company focuses on serving non-prime Americans, often referred to as the 'New Middle Class,' who need better and more responsible credit options. Elevate operates in the financial technology (fintech) sector, leveraging advanced analytics and technology to develop credit products that not only provide immediate financial assistance but also guide users towards better financial habits. The business model revolves around offering online credit solutions that generate revenue through interest and fees associated with their lending products. Elevate's commitment to responsible lending and deep understanding of the economic realities faced by their target market sets them apart in the industry. The company aims to redefine creditworthiness by focusing on future financial behavior rather than past credit scores.
Keywords: fintech, online credit, non-prime Americans, financial relief, responsible lending, advanced analytics, tech-enabled, financial progress, credit products, economic realities.
