The stock of the FinTech company Enova is on the verge of breaking out to a new all-time high!

Enova has specialized as a FinTech company in data-driven online lending for consumers and small to medium-sized enterprises with poor credit ratings. A key foundation is provided by the Colussus platform, which achieves a 40% better repayment accuracy thanks to machine learning. This addresses a total market of $535 billion in the United States. The company benefits from the fact that more and more small firms are turning their backs on traditional banks and are relying on non-bank lenders. Enova directly profits from this: In the second quarter...