CURO Group Holdings Corp at Jefferies Consumer Conference (Virtual) Transcript

Jun 23, 2021 / 12:00PM GMT
John Hecht - Jefferies Financial Group Inc. - Analyst

Good morning, everybody. Welcome to the second day of the consumer conference. Wish we could all be in Nantucket. But, Don, I promise we will be back there next year. But very excited to introduce the next company. We have CURO. With CURO, we have Don Gayhardt, the CEO, and Roger Dean, the CFO. I don't think Bill Baker is here, but often Bill Baker is in the crowd, who is the COO and the Chief Marketing Officer as well.

We have a buy rating on CURO, and we have a very positive investment thesis on CURO. Part of it is just the organic positioning of the Company. The Company over time has been a very successful -- nonprime consumer finance lender, operating in really the US and Canada, and offering a few different types of installment loans, short-term loans, and lines of credit to nonprime consumers in an omni-channel presence.

It's got a lot of branches scattered about across geographies in well-positioned areas. But also is fully digitalized and has a very advanced artificial intelligence model that could underwrite very precisely

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