Elevate is a financial technology company that offers online lending solutions to consumers. Their mission is to provide fair and accessible credit to individuals who have been historically underserved by traditional financial institutions.
Elevate was founded in 2014.
In 2015, Elevate launched its first product, Rise, which is an online installment loan.
In 2016, the company went public and began trading on the New York Stock Exchange under the ticker symbol ELVT.
In 2017, Elevate expanded its product offerings with the launch of Elastic, a line of credit product.
In 2018, the company introduced Sunny, a short-term loan product designed for UK customers.
In 2019, Elevate acquired a software development company called OnlineLoanNetwork.
As of now, Elevate continues to grow and innovate in the online lending industry.
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Avant is an online lending platform that provides personal loans to customers. They focus on helping individuals with average to above-average credit scores.
Prosper is a peer-to-peer lending marketplace that offers personal loans to borrowers. They connect individuals who need money with investors looking to earn a return.
Rise is an online installment loan product offered by Elevate. It provides borrowers with access to small personal loans that are repaid over time with fixed monthly payments.
Elastic is a line of credit product offered by Elevate. It allows customers to borrow funds up to a certain limit and pay interest only on the amount used.
Sunny is a short-term loan product offered by Elevate specifically for customers in the UK. It provides fast access to cash with flexible repayment options.
Elevate is a financial technology company that provides online lending solutions to underserved consumers.
Elevate offers products like Rise, an online installment loan, Elastic, a line of credit, and Sunny, a short-term loan product for UK customers.
Rise is an online installment loan where borrowers can access small personal loans with fixed monthly payments over time.
Yes, Elevate is a publicly traded company that has been providing online lending solutions since 2014. They have a strong track record in the industry.
Elevate aims to serve individuals who have been historically underserved by traditional financial institutions. They prioritize fair and accessible credit options for their customers.
