Fundz

Curo Closes $425 Million Facility

PRIVATEJul 18, 2022

Amount Raised

$425 Million

Round Type

Funding Round

Financial ServicesSoftwareCommunity And LifestylePayments

Description

CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, today announced that on July 15, 2022, it entered into a new $425 million non-recourse revolving warehouse facility to replace the incumbent lender and finance future loans originated by Heights Finance. This is in addition to the $225 million non-recourse revolving warehouse facility announced last week in connection with its purchase of First Heritage Credit

Quick answer

CURO raised $425 Million in a Funding Round round, dated July 18, 2022.

How much did CURO raise?
CURO raised $425 Million in a Funding Round round on July 18, 2022.
What does CURO do?
CURO Group Holdings Corp. (NYSE: CURO) serves the evolving needs of the financial consumer.

Source: Fundz verified event record.

Who else raised in Financial Services and Community And Lifestyle around the same time

Companies in the same sectors as CURO that raised within 45 days of this round, from Fundz verified event records.

  • Finix raised $30M (Funding Round) on August 10, 2022.
  • Hashflow raised $25M (Series A) on July 21, 2022.
  • KuCoin raised $10M (Corporate Round) on July 21, 2022.
  • Fidelity Payment Services raised an undisclosed amount on July 19, 2022.
  • Mahalo raised $20M (Funding Round) on July 19, 2022.
  • Stori raised $150M (Funding Round) on July 15, 2022.

Who to call at CURO, and when

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  • The decision-makers there, with verified emails
  • Who you already know at CURO, from your own LinkedIn network

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Company Information

Company

CURO

About

CURO Group Holdings Corp. (NYSE: CURO) serves the evolving needs of the financial consumer. In 1997, the Company was founded in Riverside, California by three Wichita, Kansas childhood friends to meet the growing consumer need for short-term loans. Their success led to opening stores across the United States, later expanding to offer online loans and financial services in the United States and Canada and now broadening into a full-spectrum consumer lender through the point-of-sale / buy-now-pay-later channel. CURO combines its market expertise with fully integrated technology platforms, an omni-channel approach and advanced credit decisioning to provide an array of credit products across all mediums. CURO operates under a number of brands including Speedy Cash®, Rapid Cash®, Cash Money®, LendDirect®, Flexiti®, Avío Credit®, Opt+® and Revolve Finance®. With over 20 years of operating experience, CURO provides financial freedom to non-prime consumers.

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CURO raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.