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On the Record · Enova International

Enova International acquisitions, on the record

The businesses Enova International bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
On Deck Capital Inc. ("OnDeck")
Word for word“In October 2020, we acquired, through a merger, On Deck Capital Inc. (“OnDeck”), a small business lending company offering lending and funding solutions to small businesses in the U.S., Australia and Canada, to expand our small business offerings.” 10-K for 2023
acquisitionOctober 2020—
Pangea Universal Holdings ("Pangea")
Word for word“In March 2021, we acquired Pangea Universal Holdings (“Pangea”), which provides mobile international money transfer services to customers in the U.S with a focus on Latin America and Asia.” 10-K for 2023
acquisitionMarch 2021—
OnDeck Australia (partial divestiture of a subsidiary)
Word for word“Refer to "Investments in Unconsolidated Investees" later in this note for discussion of the partial divestiture in December 2021 that triggered the deconsolidation of OnDeck Australia.” 10-K for 2023
divestitureDecember 2021—
Pangea
Word for word“Through the acquisition of Pangea in 2021, which is described in more detail in Note 2 to the consolidated financial statements, the Company now operates a money transfer platform that allows customers to send money from the United States to Mexico, other Latin American countries and Asia.” 10-K for 2023
acquisition2021—
On Deck Capital Inc. (OnDeck)
Word for word“In October 2020, we acquired, through a merger, On Deck Capital Inc. (“OnDeck”), a small business lending company offering lending and funding solutions to small businesses in the U.S., Australia and Canada, to expand our small business offerings.” 10-K for 2024
mergerOctober 2020—
platform-as-service business assumed in the OnDeck acquisition, contributed to Linear Financial Technologies Holding LLC (Linear)
Word for word“On February 24, 2021, the Company contributed the platform-as-service business assumed in the OnDeck acquisition to Linear Financial Technologies Holding LLC (“Linear”) in exchange for ownership units in that entity.” 10-K for 2024
divestitureFebruary 24, 2021—
subsidiary (not named)
Word for word“Sale of subsidiary — — 8,713” 10-K for 2024
divestiture—8,713
Grasshopper Bancorp, Inc.
Word for word“On December 10, 2025, we entered into a merger agreement with Grasshopper Bancorp, Inc. (“Grasshopper”) under which we will acquire Grasshopper for an aggregate purchase price valued at approximately $369 million at signing to be paid in a combination of cash and newly issued shares.” 10-K for 2025
agreed acquisitionOn December 10, 2025approximately $369 million
On Deck Capital Inc.
Word for word“In October 2020, we acquired, through a merger, On Deck Capital Inc. (“OnDeck”), a small business lending company offering lending and funding solutions to small businesses, to expand our small business offerings.” 10-K for 2025
mergerOctober 2020—
Pangea Universal Holdings
Word for word“In March 2021, we acquired Pangea Universal Holdings (“Pangea”), which provides mobile international money transfer services to customers in the U.S with a focus on Latin America and Asia.” 10-K for 2025
acquisitionMarch 2021—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2020-12-31−$109.9 million
2021-12-31$29.2 million

Deal filings since 2016

Read from Enova International’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.