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Enova International Withdraws Proposal to Acquire Grasshopper Bancorp

PUBLIC · ENVASep 14, 2026about 3 hours ago

Acquiring Company

Enova International

Acquired Company

Grasshopper Bancorp

ChicagoNew YorkFinancial ServicesFinanceFintechLendingBankingOther Banking And Financial Services

Description

On September 14, 2026, Enova International, Inc. announced the withdrawal of its applications related to the proposed acquisition of Grasshopper Bancorp, Inc. The withdrawal was made with the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System. Details of the press release are included in Exhibit 99.1. This decision reflects Enova's updated strategic priorities.

Company Information

Company

Enova International

Location

Chicago, Illinois, United States

About

Enova International is a leading financial services company with powerful online lending that serves small businesses and consumers who are underserved by traditional banks.

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Predictive Intelligence
Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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Frequently asked

Who acquired Grasshopper Bancorp?

Grasshopper Bancorp was acquired by Enova International, based in Chicago. The deal was reported on September 14, 2026. Enova International is a leading financial services company with powerful online lending that serves small businesses and consumers who are underserved by traditional banks. Enova International is publicly traded (ENVA) and operates in Financial Services.

When did Enova International acquire Grasshopper Bancorp?

Enova International's acquisition of Grasshopper Bancorp was reported on September 14, 2026. On September 14, 2026, Enova International, Inc. announced the withdrawal of its applications related to the proposed acquisition of Grasshopper Bancorp, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Grasshopper Bancorp do?

Grasshopper Bancorp is the company acquired in this transaction. It is privately held, operating in Other Banking And Financial Services, and is based in New York.

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