FlexShopper, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Richard S. House
- Full Time Employees
- 204
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- 901 Yamato Road Boca Raton FL United States of America 33431
- IPO Date
- Dec 18, 2007
- CIK
- 0001397047
- Website
- flexshopper.com
- Similar Companies
- Business
- FlexShopper, Inc. operates an omnichannel lease-to-own (LTO) platform that enables consumers to acquire durable goods through flexible payment options and eventual ownership. The company provides a direct-to-consumer e-commerce marketplace; an LTO payment modality that integrates with third-party retailers’ checkout processes; and an in-store, point-of-sale capability via a mobile application and retailer partnerships. Its product categories encompass electronics (smartphones, laptops, televisions), home appliances, computers and wearables, furniture, tires, jewelry, and other durable goods, sold through multiple channels to underserved and subprime customers who may have limited access to traditional credit. FlexShopper’s technology supports consumer access to durable goods through weekly or other installment payments, with a path to ownership, and includes integration-ready payment solutions for retailers and a consumer-facing shopping experience across online and physical retail environments. The company is headquartered in Boca Raton, Florida, and its operations span the United States, with partnerships and services aimed at widening retailer reach and expanding product offerings through a scalable, technology-driven LTO ecosystem. Founded in 2013, FlexShopper emphasizes transparency, flexible terms, and a streamlined application process designed to save sales at the point of purchase and broaden access to durable goods for underbanked consumers. The business model relies on earning revenue from lease-originations, processing fees, and merchant partnerships, while maintaining risk controls to manage portfolio quality. Recent developments include strategic partnerships and expansions in e-commerce and retail channels, ongoing product and platform enhancements to improve originations and conversion, and efforts to grow the Revolution Loan and marketplace segments within its diversified LTO platform. FlexShopper’s primary geographic focus remains the U.S. market, with continued emphasis on scaling nationwide retailer collaborations, consumer-facing digital channels, and in-store LTO experiences to support a broader addressable market.
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FlexShopper Announces Record Initial Holiday Season Results
FlexShopper Announces First Come First Serve Extension of Rights Offering
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