
About FlexShopper
FlexShopper (NASDAQ:FPAY) is a financial technology company that specializes in providing lease-to-own (LTO) solutions for consumers who want to acquire durable goods such as electronics, furniture, appliances, and more without traditional credit. FlexShopper operates an online marketplace where customers can shop from thousands of products, offering a flexible and accessible alternative to conventional purchasing methods. The company's primary objective is to make ownership of high-quality items achievable for individuals with less-than-perfect credit by offering customizable payment plans. FlexShopper's operations span across the United States, focusing on empowering consumers by enhancing their purchasing power through innovative financial solutions. By leveraging technology and a customer-centric approach, FlexShopper aims to expand its marketplace offerings and continue to grow its customer base, striving to meet the evolving needs of consumers in the digital age.
Snapshot
Operations
Products and/or services of FlexShopper
- Lease-to-own retail solutions for consumers, enabling them to acquire durable goods like electronics, furniture, and appliances without upfront payment.
- Online marketplace with a wide range of products available for lease, offering a convenient shopping experience.
- LTO payment gateway for retailers, integrating lease-to-own financing options into ecommerce and physical stores, expanding sales opportunities.
- B2B platform services, providing businesses with the infrastructure to offer lease-to-own financing to their customers, improving customer loyalty and purchase rates.
- Mobile app for easy access to lease agreements, payment tracking, and shopping, enhancing user engagement and satisfaction.
- Customizable lease-to-own programs tailored to specific retailer needs, including marketing support and training for sales teams.
FlexShopper executive team
- Carlos SanchezInvestor Relations Officer
- Mr. Matthew A. DohenyChief Restructuring Officer