Segment & Geographic Data
Quant-Grade Normalized (live API)
API & CSV Delivery
Curo Group Holdings's Business Segments
Curo Group Holdings's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 119
Regions Reported
-
Curo Group Holdings does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Interest and Fees Revenue0%
- Insurance Premiums and Commissions20.5%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Interest and Fees Revenue | $ 143 | - |
| Insurance Premiums and Commissions | $ 24 | 20.5% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Curo Group Holdings
Curo Group Holdings Corp (Curo) is a publicly traded, technology-enabled consumer finance company that provides short-term credit to consumers in the United States, Canada, and the United Kingdom. The mission of the company is to provide reliable financial solutions to underserved customers who need access to credit but are often excluded from traditional financial services.
Curo offers various credit products, including payday loans, installment loans, and lines of credit, to its customers through its online platform and retail stores. The loans are typically small-dollar loans with a short repayment period ranging from a few days to several months. Customers can apply for loans online or visit one of the company's retail stores, where they can receive their funds in cash or via electronic transfer.
Curo has an extensive presence in the United States, with retail locations in 23 states and an online lending platform that serves customers in all 50 states. The company has also recently expanded into Canada and the United Kingdom, where it operates solely online.
The company differentiates itself from traditional payday lenders by providing borrowers with flexible repayment options, educational resources, and credit building programs. The company also uses innovative technology to underwrite loans quickly and efficiently, allowing it to provide credit to customers who may not have a strong credit history.
In addition to its lending operations, Curo also offers financial literacy programs, credit counseling, and debt-management services to help customers improve their financial health. The company is committed to responsible lending practices and complies with all state and federal regulations.
Curo was founded in 1997 and has its headquarters in Wichita, Kansas. As of March 31, 2021, the company had a total loan portfolio of $1.1 billion and served over 550,000 active customers. The company is publicly traded on the New York Stock Exchange under the ticker symbol CURO.
Curo offers various credit products, including payday loans, installment loans, and lines of credit, to its customers through its online platform and retail stores. The loans are typically small-dollar loans with a short repayment period ranging from a few days to several months. Customers can apply for loans online or visit one of the company's retail stores, where they can receive their funds in cash or via electronic transfer.
Curo has an extensive presence in the United States, with retail locations in 23 states and an online lending platform that serves customers in all 50 states. The company has also recently expanded into Canada and the United Kingdom, where it operates solely online.
The company differentiates itself from traditional payday lenders by providing borrowers with flexible repayment options, educational resources, and credit building programs. The company also uses innovative technology to underwrite loans quickly and efficiently, allowing it to provide credit to customers who may not have a strong credit history.
In addition to its lending operations, Curo also offers financial literacy programs, credit counseling, and debt-management services to help customers improve their financial health. The company is committed to responsible lending practices and complies with all state and federal regulations.
Curo was founded in 1997 and has its headquarters in Wichita, Kansas. As of March 31, 2021, the company had a total loan portfolio of $1.1 billion and served over 550,000 active customers. The company is publicly traded on the New York Stock Exchange under the ticker symbol CURO.
Curo Group Holdings Corp is a prominent consumer finance company focusing on providing a wide variety of financial products and services tailored for the non-prime lending market. With a significant operational footprint in the United States and Canada, the company serves a diverse customer base that often requires accessible and flexible financial solutions.
Segments:
1. United States:
Curo operates extensively across the United States, boasting a network of over 400 retail locations in 23 states. This broad presence allows the company to offer both in-person financial services and products to a wide range of consumers.
2. Canada:
In Canada, Curo Group has carved out a niche in the online lending space, providing innovative financial products that cater to the needs of Canadian borrowers, thereby expanding its reach beyond traditional brick-and-mortar operations.
Products and Services:
1. Installment Loans:
Curo provides structured installment loans that allow customers to borrow funds with the promise of repayment over a set period. The loan amounts range from $100 to $5,000, predicated on the borrowers creditworthiness, with repayment terms stretching from 9 to 36 months. This product is designed to give consumers a manageable way to access capital when needed.
2. Line of Credit:
Offering a line of credit provides customers with greater flexibility. With this product, individuals can borrow as needed up to a predetermined limit, typically between $200 and $4,500. Interest is charged solely on the drawn amount, allowing customers to maintain control over their borrowing costs.
3. Flex Loans:
The Flex Loan product acts similarly to a line of credit, granting customers the ability to draw funds when necessary. This offers enhanced flexibility for financial management, with interest accrued only on the amount borrowed. Availability of this product may vary by state, targeting customers looking for adaptive lending solutions.
4. Financial Services:
Curo Group broadens its portfolio beyond lending by offering a suite of essential financial services. These include:
- Check Cashing: Quick and convenient cashing of checks, appealing to customers who may not have access to traditional banking services.
- Money Orders: Safe and reliable money transfer solutions.
- Bill Payment Services: Enabling customers to pay their bills promptly, often with minimal fuss. These services may be accessed both online and at physical retail locations.
5. Prepaid Cards:
As part of its product line, Curo offers prepaid cards that allow customers to make purchases and withdraw cash from ATMs. These cards can be loaded with funds and used wherever Visa or Mastercard are accepted, providing a safe alternative to cash and traditional bank accounts.
6. Tax Preparation Services:
Curo also offers tax preparation services to assist customers in filing their tax returns efficiently. This service is particularly beneficial for individuals looking to maximize their refunds and ensure compliance with tax regulations, thereby providing a holistic approach to financial well-being.
Conclusion:
Curo Group Holdings Corp offers a comprehensive suite of financial solutions, including installment loans, lines of credit, flex loans, tax preparation, financial services, and prepaid cards. Through its extensive operations in the United States and Canada, the company aims to address the specific financial needs of its customers, particularly those in the non-prime lending market, ensuring they have access to the financial support necessary for their circumstances.
Segments:
1. United States:
Curo operates extensively across the United States, boasting a network of over 400 retail locations in 23 states. This broad presence allows the company to offer both in-person financial services and products to a wide range of consumers.
2. Canada:
In Canada, Curo Group has carved out a niche in the online lending space, providing innovative financial products that cater to the needs of Canadian borrowers, thereby expanding its reach beyond traditional brick-and-mortar operations.
Products and Services:
1. Installment Loans:
Curo provides structured installment loans that allow customers to borrow funds with the promise of repayment over a set period. The loan amounts range from $100 to $5,000, predicated on the borrowers creditworthiness, with repayment terms stretching from 9 to 36 months. This product is designed to give consumers a manageable way to access capital when needed.
2. Line of Credit:
Offering a line of credit provides customers with greater flexibility. With this product, individuals can borrow as needed up to a predetermined limit, typically between $200 and $4,500. Interest is charged solely on the drawn amount, allowing customers to maintain control over their borrowing costs.
3. Flex Loans:
The Flex Loan product acts similarly to a line of credit, granting customers the ability to draw funds when necessary. This offers enhanced flexibility for financial management, with interest accrued only on the amount borrowed. Availability of this product may vary by state, targeting customers looking for adaptive lending solutions.
4. Financial Services:
Curo Group broadens its portfolio beyond lending by offering a suite of essential financial services. These include:
- Check Cashing: Quick and convenient cashing of checks, appealing to customers who may not have access to traditional banking services.
- Money Orders: Safe and reliable money transfer solutions.
- Bill Payment Services: Enabling customers to pay their bills promptly, often with minimal fuss. These services may be accessed both online and at physical retail locations.
5. Prepaid Cards:
As part of its product line, Curo offers prepaid cards that allow customers to make purchases and withdraw cash from ATMs. These cards can be loaded with funds and used wherever Visa or Mastercard are accepted, providing a safe alternative to cash and traditional bank accounts.
6. Tax Preparation Services:
Curo also offers tax preparation services to assist customers in filing their tax returns efficiently. This service is particularly beneficial for individuals looking to maximize their refunds and ensure compliance with tax regulations, thereby providing a holistic approach to financial well-being.
Conclusion:
Curo Group Holdings Corp offers a comprehensive suite of financial solutions, including installment loans, lines of credit, flex loans, tax preparation, financial services, and prepaid cards. Through its extensive operations in the United States and Canada, the company aims to address the specific financial needs of its customers, particularly those in the non-prime lending market, ensuring they have access to the financial support necessary for their circumstances.