Financial holding company focused on providing credit and related financial services to underserved consumers.
Atlanticus Holdings Corporation, headquartered in Atlanta, Georgia, specializes in providing credit and related financial services across the United States. Founded in 1996, the company operates through two main segments: Credit as a Service and Auto Finance. The Credit as a Service segment focuses on originating consumer loan products such as private label and general purpose credit cards through various channels including retail partnerships, healthcare financing, direct mail, and digital marketing. These offerings enable customers to finance purchases ranging from consumer electronics and furniture to elective medical procedures and home improvements, thereby enhancing consumer purchasing power through strategic partnerships with retailers and service providers.
In addition to its lending activities, Atlanticus Holdings Corporation offers loan servicing and risk management solutions for third parties, underscoring its role as a comprehensive provider in the consumer finance sector. The company also engages in testing and investing in consumer finance technology platforms, positioning itself at the forefront of innovation within the industry. The Auto Finance segment of Atlanticus purchases and services loans secured by automobiles, collaborating with a network of independent automotive dealers and finance companies to offer floor plan financing and installment lending products, catering to the diverse needs of the automotive sector.
As Atlanticus continues to evolve and expand its financial services portfolio, it remains attuned to emerging trends and technological advancements. While the company's focus has traditionally centered on traditional consumer finance sectors, such as credit cards and auto loans, the rapid growth and adoption of cryptocurrency and blockchain technologies present new opportunities for exploration. Atlanticus Holdings Corporation stands poised to leverage its expertise and operational infrastructure to potentially integrate digital currencies into its financial service offerings, thereby diversifying its portfolio and meeting the evolving needs of its customers in an increasingly digital economy.