FORT WORTH, Texas–( COMPANY WIRE )–Elevate Credit, Inc. (“Elevate”), a prominent tech-enabled provider of revolutionary and accountable credit that is online for non-prime customers, announced today that its wholly-owned subsidiary into the UK, Elevate Credit Overseas Limited (“ECIL”), will cease operations in britain effective June 29, 2020. The ECIL Board of Directors placed the united kingdom subsidiary in management underneath the British Insolvency Act 1986 and appointed insolvency professionals from KPMG LLP (the “Administrator”) to simply take control and administration associated with British company. Continue Reading
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