FlexShopper, Inc. (FPAY)

Provider of lease-to-own financing solutions for consumers through online channels.

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FlexShopper, Inc. is a financial technology company that operates an innovative e-commerce marketplace specializing in lease-to-own (LTO) transactions for a wide range of durable goods.

The company's platform facilitates access to consumer electronics, home furnishings, and other essential products on flexible lease terms. Customers can choose from a diverse selection that includes smartphones, computers (including tablets and wearables), home appliances, jewelry, tires, and various furniture accessories.

Originally known as Anchor Funding Services, Inc., the company rebranded as FlexShopper, Inc. in 2013. Since its inception in 2003 and headquartered in Boca Raton, Florida, FlexShopper has been dedicated to providing accessible financial solutions through its user-friendly e-commerce interface.

FlexShopper's business model not only caters to individual consumers but also supports partnerships with retailers and suppliers, fostering a dynamic marketplace that bridges the gap between traditional retail sales and alternative financing options. This approach has positioned FlexShopper as a leader in the LTO market, offering convenience and affordability to a diverse customer base across the United States.

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