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FlexShopper Partners with PayTomorrow to Enhance Consumer Payment Options
FlexShopperFlexShopper(US:FPAY) GlobeNewswire News Roomยท2024-08-19 12:00

Core Insights - FlexShopper has successfully integrated its lease-to-own (LTO) program into PayTomorrow's financing platform, enhancing consumer financing options for retail merchants [1][4] - The partnership has already launched with Monro Inc., a leading automotive service provider with approximately 1,300 locations, and has added over 100 incremental locations with additional retailers [2][4] - FlexShopper's integration allows for a seamless checkout experience for consumers and provides merchants with comprehensive financing solutions [4][5] Company Overview - FlexShopper, Inc. is a national online lease-to-own retailer and payment solutions provider, focusing on underserved consumers and retail merchants [3][7] - PayTomorrow is a financial waterfall provider that enables businesses to offer multiple financing options through a single application at the point of sale [6][7] Partnership Details - The collaboration between FlexShopper and PayTomorrow aims to drive innovation in consumer finance by leveraging technology to make affordable payment solutions more accessible [5] - The current pipeline for potential additional retail locations stands at over 4,000, indicating significant growth opportunities for FlexShopper [4]