Jefferson Capital, Inc.

Jefferson Capital, Inc. is a Delaware corporation headquartered in Minneapolis, Minnesota, that provides debt recovery solutions and related services across various consumer receivables. The company operates in the U.S., Canada, the U.K., and Latin America. Its primary business involves purchasing portfolios of consumer receivables, such as credit card, secured and unsecured automotive, utilities, and telecom receivables, at significant discounts to their original value. Jefferson Capital then manages these portfolios by assisting individuals in repaying their obligations. This includes previously charged-off receivables, some of which are subject to bankruptcy proceedings. The company also offers debt servicing and other portfolio management services to credit originators for non-performing loans. Additionally, through credit card acquisition programs, the company generates credit card revenue. All deployments are acquired from independent third parties. Jefferson Capital purchases receivables portfolios from a diverse client base, including Fortune 500 creditors, banks, fintech origination platforms, telecommunications providers, credit card issuers, and auto finance companies. For the years ended December 31, 2025 and 2024, the company's top five clients accounted for 45.2% and 55.3% of purchases, respectively, with the top client representing 23.6% and 32.8% of purchases for those same periods. For credit card receivables specifically, the company purchases from two issuers. In June 2025, the company completed its initial public offering (IPO).