Elevate, a company focused on providing tech-enabled online credit solutions to non-prime consumers, has secured $655.0M in new capital. The firm, which supports banks in offering responsible credit, aims to help individuals achieve immediate financial relief while building a brighter future through features like interest rates that can decrease over time, free financial training, and credit monitoring.
To date, Elevate has originated over $10 billion in non-prime credit, reaching more than 2.7 million consumers through its brands RISE, Elastic, and Today Card.
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