Enova Clears UK Regulatory Hurdle, Avoiding In-Depth Seras Merger Probe

The UK Competition and Markets Authority (CMA) cleared the proposed merger between Seras and Enva on August 13, 2026.

The regulator declined to refer the deal to a Phase 2 investigation. This decision indicates the CMA found no evidence that the merger would substantially lessen competition in the UK market.

This clearance removes a major regulatory hurdle for Enova. The company now expects to proceed with the full integration of Seras.

This development follows strong financial results for Enova. The firm recently reported a 27% year-over-year increase in second-quarter originations.