Tagged: grasshopper bank

Enova Withdraws Grasshopper Bank Bid, Citing Unclear Rules and Political Pressure

Enova International (NYSE:ENVA) has stepped away from its planned purchase of Grasshopper Bancorp, withdrawing the regulatory filings needed to complete the transaction. The Chicago-based online lender said on September 14 that it had pulled applications submitted to the Office of the Comptroller of the Currency… Read More

Enova International to Acquire Grasshopper Bank

Enova International, Inc. (NYSE: ENVA), a financial services company powered by machine learning and analytics, announced it signed a definitive agreement to acquire Grasshopper Bancorp, Inc., and its wholly owned subsidiary Grasshopper Bank N.A., in a cash and stock transaction “valued at approximately $369 million.”… Read More

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