Elevate Announces New Financing Mechanism for Today Card

Elevate Announces New Financing Mechanism for Today Card

About Park Cities

Elevate (NYSE: ELVT), together with the banks that license its marketing and technology services, has originated $9.2 billion in non-prime credit to more than 2.6 million non-prime consumers to date and has saved its customers more than $8.5 billion versus the cost of payday loans. Its responsible, tech-enabled online credit solutions provide immediate relief to customers today and help them build a brighter financial future. The company is committed to rewarding borrowers’ good financial behavior with features like interest rates that can go down over time, free financial training and free credit monitoring. Elevate’s suite of groundbreaking credit products includes RISE, Elastic and Today Card. For more information, please visit http://corporate.elevate.com.

Park Cities Asset Management, LLC is an alternative credit manager focused on deploying capital across asset classes in the Specialty Finance and FinTech sectors. Park Cities and its predecessor firm have been investing for over a decade and is led by Alex Dunev and Andy Thomas. Park Cities provides investment advice through its SEC Registered Investment Advisor, Park Cities Advisors, LLC. For more information about Park Cities, please visit www.parkcitiesmgmt.com.

Today Card was designed with prime features to help expand access to credit for non-prime consumers with a credit card product that promotes responsible use. The Today Card Mastercard offers benefits such as fraud control, family share, and flexible payment terms to non-prime Americans. For more information see todaycard.com.

About Today Card

About Elevate

“Elevate is changing the game for non-prime Americans. We are proud to partner with a mission driven organization and help enable their growth,” said Park Cities Managing Partner, Alex Dunev. “This facility helps continue to bolster lower cost and consumer friendly products on the Elevate platform.”

The News Highlights

  • Elevate Announces New Financing Mechanism for Today Card
  • Check the latest News news updates and information about business, finance and more.
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
TechRadar’s Best Backpack 2021
TechRadar’s Best Backpack 2021
From tear-resistant travel backpacks to the perfect weather resistant commuter backpack and everything in between, there are a lot of available options ...
‘A Dangerous Times’: Portland, Oregon Sees a Murder Record
‘A Dangerous Times’: Portland, Oregon Sees a Murder Record
Fear and frustration with gang violence have settled over the metropolis, as stories like Vasquez’s make some wary to go out at night. Unlike previous years, ...
Apple unveils third-generation AirPods, brings some higher end features to updated earbuds
Apple unveils third-generation AirPods, brings some higher end features to updated earbuds
The new units offer an updated design and a variety of new features. However, as expected, they still do not have Active Noise Cancellation which remains ...
The Ulefone Power Armor 14 with a Big Battery is now available for pre-order
The Ulefone Power Armor 14 with a Big Battery is now available for pre-order
This phone is IP68/IP69K certified for water and dust resistance, while it’s also MIL-STD-810G certified, which means it can take a hit. This handset comes ...
A man from Overland Park has been imprisoned for robbing several phone retailers across the metro area
A man from Overland Park has been imprisoned for robbing several phone retailers across the metro area
West also admitted to robbing a Sprint store at 4902 N. Oak Trafficway on Aug. 10 of the same year. There, he used a firearm and made the employee open ...
iJoy wireless headphones are on sale
iJoy wireless headphones are on sale
Mostly because of high-end features you might not necessarily need. We’ve all had the experience of frantically untangling a knot of wires just to be able ...
Bucks signs guard Grayson Allen for multi-year extension
Bucks signs guard Grayson Allen for multi-year extension
Allen posted career highs in scoring (10.6), rebounding (3.2) ad assists (2.2) last season in 50 games with the Grizzlies. He shot 41.8% from the field, ...
Financial Severity Responds to Attacks on Legitimate Tax Planning
BlackRock supports company’s new climate data hub
BlackRock’s chief executive announced a shift toward more sustainable investments almost two years ago. The TPI, which says it now has the backing of ...
Alexa and Airplay 2 find $800
Alexa and Airplay 2 find $800
It’s flying into the new age by integrating Amazon Alexa and some newer technologies for reducing wireless latency. England-based audio brand Bowers & ...
NC GOP Leaders Send New Budget Bargain Offer To Cooper
NC GOP Leaders Send New Budget Bargain Offer To Cooper
“We remain hopeful that we can reach a budget compromise,” Berger spokesperson Pat Ryan wrote in an email. Cooper presented his initial budget proposal back ...
Show next
Compsmag - Latest News from tech, business and health
Logo