Announced
Completed
Financials
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Completed
Majority
Cross Border
Private
Canada
Single Bidder
FinTech
Acquisition
financing solutions
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Synopsis
CURO Group, a technology-enabled and diversified consumer finance company, completed the acquisition of Flexiti Financial, a sales financing company, for $121m. “Flexiti continues to grow at a rapid rate and this transaction will enable us to accelerate our growth trajectory. I am tremendously proud of the success that Flexiti has achieved in its seven years of operations and I have no doubt we are better positioned than ever to provide great BNPL offerings to our retail partners and cardholders. Through this acquisition, Flexiti will leverage CURO’s financial strength, lending expertise and leadership across the credit spectrum to strengthen Flexiti’s position as a leading Canadian BNPL solution provider,” Peter Kalen, Flexiti Founder and CEO.
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