BOCA RATON, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY) (“FlexShopper”), a leading provider of lease-to-own (LTO) payment solutions, is pleased to announce a new strategic partnership with ICON Vehicle Dynamics, a premier manufacturer of performance suspension systems and off-road vehicle components.
Total new customer application volume in January 2025 increased 130% year-over-year, driving the highest level of January originations, with total originations up 44% year-over-year
BOCA RATON, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced an update to its previously disclosed rights offering. FlexShopper shareholders who participated in the unit subscription that closed on January 10, 2025, are now eligible to participate in the Series A, B, and C rights. Details of which can be found in the body of this press release.
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Rental & Leasing Services Industry | Industrials Sector | Mr. Harold Russell Heiser Jr., C.F.A., C.P.C. CEO | XSTU Exchange | US33939J3032 ISIN |
US Country | 204 Employees | - Last Dividend | 25 Oct 2016 Last Split | 19 Feb 2014 IPO Date |
FlexShopper, Inc. stands as a pivotal player in the financial technology sector, innovating the e-commerce arena with its unique lease-to-own (LTO) marketplace. This platform is tailor-made for consumers eager to shop for electronics, home furnishings, and a wide range of durable goods, all through a versatile LTO arrangement. Originally established under the name Anchor Funding Services, Inc., the company underwent a significant rebranding to FlexShopper, Inc. in October 2013. With its roots planted in 2003, FlexShopper has since solidified its presence and operations out of its Boca Raton, Florida headquarters. This company not only bridges the gap between high-quality products and consumer affordability but also introduces flexible payment methods, making it a cornerstone for shoppers and a model of innovation within the fintech industry.
At the heart of FlexShopper’s offerings are the latest in consumer electronics and essential home appliances. Customers can find everything from cutting-edge televisions and sound systems by renowned brands like LG, Samsung, and Sony to indispensable kitchen and laundry appliances from Frigidaire, General Electric, and Whirlpool.
In today’s digital age, FlexShopper caters to the tech-savvy consumer with an impressive selection of computers, including high-performance tablets, wearable technology, and smartphones. Noteworthy brands such as Apple, Asus, Dell, Hewlett Packard, and Toshiba are featured, ensuring that customers have access to the latest innovations and technology.
Recognizing the importance of vehicle maintenance and safety, FlexShopper provides a variety of tires to meet the needs of any car, ensuring reliability and performance on the road.
Complementing its electronic and appliance offerings, FlexShopper also brings elegance to homes and personal collections with an array of furniture and jewelry. Customers can enhance their living spaces with products from top furniture brands such as Resident, Sealy, and Ashley, or accessorize with exquisite jewelry pieces.