Enova International: Fintech specialist for alternative loans increases new lending by 33%!

AI-based business model: Enova International, as a financial technology company, relies on the AI platform "Colossus" for online loan approvals. The company focuses on individual customers with weaker creditworthiness as well as small and medium-sized enterprises (SMEs). Strong growth: The stock reaches a new all-time high of around $183, driven by a growth in new loans issued of over 30% in the first quarter. Price target raised: The profitable corporate segment makes up the majority of the portfolio. Stephens raises the price target from...