The deal, projected to close in the second half of 2026, would give Enova access to a national bank charter, which it’s been ...
The transaction will combine Enova’s consumer lending capabilities with Grasshopper’s digital banking infrastructure.
Once upon a time, around 2010 or so, there lived a hardworking ant and a carefree grasshopper. The grasshopper was hopping to his heart’s content one sunny morning when the ant trudged by, bearing a ...
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Enova to acquire Grasshopper Bank for up to $369M

The deal combines Enova’s online lending operations for consumers and small businesses with Grasshopper’s digital banking platform.