Questrade Financial Group to acquire FLX Holding from CURO Group Holdings for CAD55m.

Questrade Financial Group, an online brokerage and wealth management firm, agreed to acquire FLX Holding, sales financing provider from CURO Group Holdings, a consumer lending company, for CAD55m. “We are pleased that completion of this transaction will allow us to increase our focus on our core Direct Lending business in both the US and Canada. After reviewing multiple options, we concluded this transaction offers compelling value to CURO, while better positioning Flexiti with Questrade as its partner. We appreciate the contributions the Flexiti team has made to CURO and wish them success in the future,” Doug Clark, CURO CEO.