Business
JAM | Mar 17, 2026

Dolla Financial Services announces board endorsement of Evolve Loan Portfolio acquisition

/ Our Today

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Dolla Financial Services Limited is  announcing that its Board of Directors has sanctioned the acquisition of the Evolve loan portfolio at a Board meeting held on February 24, 2026. 

This strategic decision represents a pivotal advancement in Dolla’s ongoing expansion and dedication to providing accessible, customer-focused financial services.

The proposed acquisition will augment Dolla’s loan portfolio and expand its clientele, thereby fortifying the company’s standing in the microcredit industry. Clients in the Evolve portfolio are anticipated to gain advantages from Dolla’s comprehensive services, enhanced product range, and committed customer support.

Kenroy Kerr, CEO of Dolla Financial Services

“This acquisition signifies a robust strategic alignment for Dolla,” stated Kenroy Kerr, CEO of Dolla Financial Services. “We anticipate welcoming Evolve’s customers into the Dolla family and are dedicated to facilitating a seamless transition while maintaining the provision of flexible and dependable financial solutions.”

Dolla is devising a systematic transition procedure to guarantee service continuation upon completion. All current loan terms and obligations are anticipated to be upheld, and customers will get support during the migration through clear communication and assistance.

The deal is contingent upon standard closing conditions and necessary regulatory approvals.

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