CURO Financial Technologies Corp. | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.

Leadership

Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

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Placement Agent

CURO Financial Technologies Corp.

$150 Million 11/17/2016 Specialty Finance Complete
Public Companies
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Transaction Details

  • On November 17, 2016, CURO Financial Technologies Corp. secured a $150 million Senior Secured Revolving Credit Facility and Term Loan from an undisclosed investment firm
  • The facility consists of revolving loans in an aggregate principal amount of up to $70 million and term loans in an aggregate principal amount of $80 million
  • Proceeds of the loans will be used to finance the acquisition of eligible receivables and for other purposes permitted under the Receivables Loan Agreement
  • Stephens Inc. served as placement agent to CURO in the transaction

About the company

Founded in 1997, CURO Financial Technologies Corp. (f/k/a Speedy Cash Holdings Corp.), is a leading provider of alternative financial services focused on serving unbanked and underbanked consumers who require convenient and immediate access to cash and related services in the U.S., the U.K. and Canada. CURO serves its customers through 420 retail storefront locations. The Company has also developed an innovative online service that allows customers to quickly and conveniently access CURO’s products and services in 25 states in the U.S., in five Canadian provinces, and in the U.K. CURO provides single-pay loans, installment loans and open-end loans (referred to as bankline loans), vehicle title loans, check cashing, gold buying, money transfer services, reloadable prepaid debit cards and a number of other ancillary financial products and services to its customers. The Company operates under two principal brands in the U.S., as either “Speedy Cash”® or “Rapid Cash”, in the U.K. as “Speedy Cash” and “Wage Day Advance,” and in Canada as “Cash Money” and, beginning in 2016, as “LendDirect." For more information, visit CURO’s website at https://curo.com/.

Sources: Company website and publicly available information.
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