ATLANTICUS HOLDINGS CORPORATION APPOINTS DAVE CARUSO CHIEF COMMERCIAL OFFICER – RETAIL CREDIT
10 January 2019 - 10:30AM
Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus”,
“we”, “our” or “us”), a technology enabled consumer finance
company, today announced the appointment of Dave Caruso as Chief
Commercial Officer – Retail Credit.
Dave joins us following an 18-year career at Synchrony Financial
where he most recently led the Business Development team for their
payment solutions business. Dave will oversee the continued growth
of the Fortiva branded second-look point-of-sale business with
responsibility for strategy, business development, product
development, sales and marketing.
“We are very excited to have someone of Dave’s caliber join our
team. We have built the industry leader in second-look,
point-of-sale finance. Adding Dave to our team further illustrates
our commitment to the continuous improvement of our client-centric,
technology enabled platform. Through his leadership, we look
forward to continuing our successful track record of growth with
the Fortiva brand” said Jeff Howard, President, Atlanticus Holdings
Corporation.
Dave Caruso added, “After almost 20 years of leading business
development at Synchrony and its predecessor, GE Capital Consumer
Finance, I am excited for the opportunity that lies ahead for
Fortiva Retail Credit. The applicability of second-look
financing in the market has never been greater, and the Fortiva
Retail Credit brand represents the type of innovation and client
focused solutions that bring immediate value to our
partners. I joined the Atlanticus team because the flexible
technology, 20 plus years of data aggregation and underwriting
expertise, and curated solutions offered by Fortiva provide a best
in class solution across numerous industry verticals and shopping
experiences. The Fortiva Retail Credit platform presents a unique
and exciting opportunity to further enhance growth of our retail
partners and our consumers in financing their needs and
dreams.”
About Atlanticus Holdings CorporationFounded in
1996, our businesses, including the Fortiva branded products,
utilize proprietary analytics and a flexible technology platform to
enable financial institutions to provide various credit and related
financial services and products to the financially underserved
consumer credit market. We apply the experience gained and
infrastructure built from servicing over 17 million customers and
$25 billion in consumer loans over our 22-year operating history to
support lenders that originate a range of consumer loan products.
These products include retail credit, personal loans, and credit
cards marketed through our omni-channel platform that includes,
retail point-of-sale, direct mail solicitation, Internet-based
marketing and partnerships with third parties. Additionally,
through its CAR subsidiary, Atlanticus serves the individual needs
of automotive dealers and automotive non-prime financial
organizations with multiple financing and service programs.
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