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eLoan Group, Inc
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Founded in 1997 in Dublin, California, E-Loan was one of the first companies to offer consumer loans over the internet, disrupting the traditional lending model. It operated as both a direct lender and a marketplace, connecting borrowers with various lending institutions. The company went public in 1999. In 2005, it was acquired by Popular, Inc. (the parent company of Banco Popular). The E-Loan brand and its operations were eventually phased out and absorbed into the parent company's services.
United States
Industry
Financial