KINGSTON, Jamaica — Dolla Financial Services Limited has completed the acquisition of the lending portfolio of Evolve Loan Co Limited, in a transaction that adds approximately $700 million in loans and about 1,800 customer relationships to its business.

The transaction became effective on June 30, 2026 and forms part of Dolla’s wider strategy to expand its scale, grow earnings capacity and deepen its presence in Jamaica’s microfinance sector.

According to the company, the purchase price was based on the gross nominal value of the portfolio, less agreed expected credit loss provisions. The deal also includes post-closing adjustment mechanisms aimed at providing downside protection and aligning the interests of both parties.