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Trusted by
Acquiring Company
Enova International
Acquired Company
Grasshopper Bancorp
Description
Enova International has withdrawn its applications to acquire Grasshopper Bancorp after failing to gain necessary federal approvals. The approximately $369 million acquisition announcement was made in December 2025 but faced challenges due to unclear regulatory standards. Following the withdrawal, Enova's stock price dropped significantly. The decision reflects the company's difficulty navigating the regulatory landscape required for acquiring a bank.
Fundz sees it the moment Enova International makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Grasshopper Bancorp?
Grasshopper Bancorp was acquired by Enova International, based in Chicago. The deal was reported on September 23, 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 23, 2026. Enova International has withdrawn its applications to acquire Grasshopper Bancorp after failing to gain necessary federal approvals. 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.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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