Continental Finance completed the acquisition of the Today Card Portfolio from Elevate Credit and Capital Community Bank.

Continental Finance, a marketer and servicer of credit cards, completed the acquisition of the Today Card Portfolio from Elevate Credit, an online credit solutions provider, and Capital Community Bank, a full-service bank. Financial terms were not disclosed. "We are thrilled to announce the acquisition of the Today Card Portfolio. This strategic move underscores our unwavering dedication to providing consumers with access to best-in-class bank-issued financial products. The addition of the Today Card Portfolio not only strengthens our market presence, but also adds 25k new credit card holders to the portfolio we service, comprising approximately $1.1bn in credit card receivables and 1.3m credit card accounts," Stephen McSorley, Continental Finance President.