ENVA - Enova International buys Pangea Universal Holdings
Enova International (ENVA) has acquired Pangea Universal Holdings, a Chicago-based payments platform offering mobile international money transfer services.The financial terms were not disclosed.Pangea's service has driven strong customer loyalty and high recurring transfer rates, with over $161M in funds transferred out of the U.S. and 66% growth in new customers in 2020.Pangea also offers U.S. customers an online checking account that reduces the cost and friction of money transfer.([[ENVA]] -1.6%)Press Release
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Enova International buys Pangea Universal Holdings