A Brief History of CURO Group Holdings Corp. (CURO)

CURO Group Holdings Corp. (CURO) is a financial technology company that provides consumer finance solutions. Founded in 1997, CURO has grown to become a leading provider of online and in-store short-term credit options for consumers in need of financial assistance.

• 1997: CURO Group Holdings Corp. is founded.
• 2005: The company expands its operations by offering online short-term loans.
• 2013: CURO launches its mobile lending platform, making it even more convenient for customers to access financial services.
• 2017: CURO goes public, trading on the New York Stock Exchange under the ticker symbol CURO.
• 2020: Despite the challenges posed by the COVID-19 pandemic, CURO continues to innovate and expand its services to meet the evolving needs of its customers.

Who Owns CURO Group Holdings Corp. (CURO)

CURO Group Holdings Corp. (CURO) is a publicly traded company, meaning that it is owned by its shareholders. The ownership of CURO is dispersed among numerous institutional investors and individual shareholders. The largest shareholders of CURO Group Holdings Corp. are typically mutual funds, pension funds, and other institutional investors.

Some of the largest institutional shareholders of CURO Group Holdings Corp. include investment management firms like Vanguard Group, BlackRock Inc., and Dimensional Fund Advisors. These institutions hold significant stakes in the company and have a say in its operations and direction.

Individual shareholders also play a role in the ownership of CURO Group Holdings Corp. These can include company executives, employees, and individual investors who have bought shares of the company through a brokerage account. While individual shareholders may have smaller stakes in the company compared to institutional investors, their ownership still contributes to the overall ownership structure of CURO.

• Vanguard Group: One of the largest institutional investors in CURO Group Holdings Corp.
• BlackRock Inc.: Another major shareholder with a significant stake in the company.
• Dimensional Fund Advisors: A prominent investment management firm that owns shares of CURO.

CURO Group Holdings Corp. (CURO) Mission Statement

CURO Group Holdings Corp. is a leading provider of essential financial services for underbanked consumers. Our mission is to create financial inclusion for individuals who have limited access to traditional banking services. We are committed to empowering our customers with convenient and transparent financial solutions that help them achieve their financial goals.

At CURO, we believe in providing responsible lending options that are tailored to the unique needs of our customers. We strive to build trust with our clients by offering fair and ethical financial products that promote financial stability and well-being.

• Financial Inclusion: Providing access to financial services for underbanked consumers.
• Empowerment: Helping customers achieve their financial goals through transparent solutions.
• Responsible Lending: Offering tailored and responsible lending options.
• Trust: Building trust with customers through fair and ethical practices.

How CURO Group Holdings Corp. (CURO) Works

CURO Group Holdings Corp. is a leading provider of tech-enabled, multi-channel consumer finance solutions. The company operates in the United States, Canada, and the United Kingdom, offering a variety of financial products and services to underserved consumers.

CURO focuses on providing accessible and convenient financial solutions to customers who may not have access to traditional banking services. The company's business model is centered around three key principles:

• Technology: CURO leverages technology to streamline its operations and deliver a seamless customer experience. The company's online platform allows customers to easily apply for loans and manage their accounts from anywhere, at any time.
• Multi-channel approach: CURO provides its services through a variety of channels, including online, mobile, and in-store. This omni-channel approach ensures that customers can access CURO's products and services in a way that is most convenient for them.
• Responsible lending: CURO is committed to responsible lending practices and compliance with relevant regulations. The company conducts thorough assessments of each customer's financial situation to ensure that they can afford the products they are accessing.

CURO offers a range of financial products, including installment loans, lines of credit, and other credit services. These products are designed to meet the short-term financial needs of customers, helping them manage unexpected expenses or bridge gaps in their cash flow.

Overall, CURO Group Holdings Corp. works to provide accessible and responsible financial solutions to underserved consumers, leveraging technology and a multi-channel approach to deliver a seamless and convenient customer experience.

How CURO Group Holdings Corp. (CURO) Makes Money

CURO Group Holdings Corp. is a financial technology company that specializes in providing short-term loans and other financial services to underbanked consumers. Here are some of the ways CURO makes money:

• Short-term loans: One of the main sources of revenue for CURO is through the issuance of short-term loans to consumers. These loans typically come with high interest rates and fees, allowing CURO to generate significant income from interest payments.
• Installment loans: CURO also offers installment loans, which are larger loans that are repaid over a longer period of time in fixed installments. Similar to short-term loans, installment loans come with interest charges that contribute to CURO's revenue.
• Line of credit: CURO provides a line of credit to certain customers, allowing them to borrow up to a certain limit as needed. Customers are charged interest on the amount borrowed, providing CURO with another revenue stream.
• Other financial services: In addition to loans, CURO offers other financial services such as prepaid debit cards and money transfer services. These services generate additional income through fees and charges.
• Partner programs: CURO has partnerships with various retailers and financial institutions to offer its financial products to their customers. CURO receives a fee or commission for each customer referred through these partner programs.