FlexShopper(FPAY)
Search documents
FlexShopper and PayPossible Expand Consumer Payment Options Through Strategic Partnership
GlobeNewswire News Room· 2024-10-31 12:00
FlexShopper to offer lease-to-own solutions within PayPossible's waterfall to new merchants, including RANDYS Worldwide, with a retail network of over 20,000 locations PayPossible to introduce new payment options on FlexShopper.com BOCA RATON, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- FlexShopper Inc. (Nasdaq: FPAY), a leading national lease-to-own (LTO) retailer and payment solutions provider, has announced a strategic partnership with PayPossible, a top financing waterfall platform. This partnership will in ...
FlexShopper Files Registration Statement for Proposed Rights Offering to its Stockholders
GlobeNewswire News Room· 2024-10-28 21:05
BOCA RATON, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY) (the "Company") announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC") for a proposed rights offering in which it plans to distribute to its stockholders non-transferable subscription rights to purchase up to 35,000,000 units. Each unit will consist of one share of common stock (the "Common Shares") and three short-term rights to purchase additional Com ...
FlexShopper Announces a Purchase Option for 91% of its Outstanding Series 2 Preferred Stock at a 50+% Discount to Liquidation Preference
GlobeNewswire News Room· 2024-10-28 12:00
BOCA RATON, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), ("the Company"), a leading online lease-to-own retailer and payment solutions provider, today announced that it has entered into a purchase option agreement with the majority holder of the Company's Series 2 Preferred Stock (the "Preferred Stock"), in which FlexShopper has the option to redeem 91% of FlexShopper's Preferred Stock at a 50+% discount to the second quarter of 2024 liquidation preference of approximately $43 m ...
FlexShopper Files Patent Infringement Lawsuits Against Upbound Group, Inc. and Katapult Holdings, Inc.
GlobeNewswire News Room· 2024-10-01 12:00
BOCA RATON, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), ("the Company"), a leading online lease-to-own retailer and payment solutions provider, has initiated legal action to defend its intellectual property. The Company has filed patent infringement lawsuits against Upbound Group, Inc. (Nasdaq: UPBD) (including its Acima subsidiaries) and Katapult Holdings, Inc., (Nasdaq: KPLT) alleging unauthorized use of FlexShopper's patented technologies. FlexShopper has retained the renown ...
FlexShopper Partners with Versatile Credit to Expand Merchant Opportunities
GlobeNewswire News Room· 2024-09-09 12:00
FlexShopper providing LTO solutions to over 1,600 retail merchants through its partnership with Versatile Credit Launch of enhanced application process to drive more originations through improved customer experience FlexShopper expects to add over 100 new stores per quarter through its expanding partnership with Versatile Credit BOCA RATON, Fla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, announces a ...
FlexShopper to Present at H.C. Wainwright's 26th Annual Global Investor Conference
GlobeNewswire News Room· 2024-09-05 12:00
BOCA RATON, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced that Russ Heiser, CEO, and John Davis, COO are participating at the 26th Annual H.C. Wainwright Global Investor Conference in New York City at the Lotte New York Palace Hotel on September 9 - September 11, 2024. Management will provide an overview of its second quarter of 2024 financial results, highlighted by a 30% year-over ...
FlexShopper Partners with Terrace Finance to Expand Merchant Opportunities
GlobeNewswire News Room· 2024-08-26 12:00
Over 800 merchant locations now offering FlexShopper's LTO product through Terrace Finance's multi-lender platform FlexShopper and Terrace Finance launch Spanish language payment solution to better serve applicants and merchant partners BOCA RATON, Fla., Aug. 26, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, announces a partnership with Terrace Finance Corp, one of the most diverse financing waterfall platforms. T ...
FlexShopper Partners with PayTomorrow to Enhance Consumer Payment Options
GlobeNewswire News Room· 2024-08-19 12:00
FlexShopper announces the successful integration of their LTO program into PayTomorrow's platform Successful rollout with Monro Inc., one of the nation's leading automotive service and tire providers with approximately 1,300 locations FlexShopper's partnership with PayTomorrow has quickly added over 100 incremental locations with additional retailers, supporting a robust pipeline of over 4,000 locations BOCA RATON, Fla., Aug. 19, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent nationa ...
FlexShopper(FPAY) - 2024 Q2 - Earnings Call Transcript
2024-08-10 05:02
FlexShopper, Inc. (NASDAQ:FPAY) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Carlos Sanchez - Investor Relations Russell Heiser - Chief Executive Officer John Davis - Chief Operating Officer Conference Call Participants Scott Buck - H.C. Wainwright Michael Diana - Maxim Group Operator Thank you for standing by. My name is Pam and I will be your conference operator today. At this time, I would like to welcome everyone to the FlexShopper’s Second Quarter Financial Results Co ...
FlexShopper Inc. (FPAY) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 00:10
FlexShopper Inc. (FPAY) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 13.33%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.03, delivering a surprise of 40%. Over the last four quarters, the company has surpasse ...