Predatory Lending Standoff: Enova Retreats from Bank Acquisition Amid Regulatory Scrutiny
WASHINGTON, D.C. — September 15, 2026 — In a significant victory for consumer advocacy groups and state regulators, Enova International—a major player in the online non-bank lending sector—has officially withdrawn its controversial application to acquire Grasshopper Bank. The move effectively halts a high-stakes bid that critics argued would have served as a "Trojan horse," allowing…
