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Elevate Credit (ELVT) is one of the largest subprime FinTech lending companies around the world. With operations in the U.S and U.K, their product spans from personal loans to line of credit products. With their recent partnerships with banks, Elevate Credit is testing new subprime credit products to further graduate their customers from loan products to transactional products such as a credit card.
Elevate Credit went public in late 2017. The stock has not performed to expectations; however, it is one of the most misunderstood publicly-traded FinTech companies around. Leveraging their decades