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FlexShopper Forms Exclusive Lease-to-Own Partnership With United Wheels and Its Portfolio of Bicycle Brands, Including Huffy

FlexShopper Forms Exclusive Lease-to-Own Partnership With United Wheels and Its Portfolio of Bicycle Brands, Including Huffy

flexshopper與United Wheels及其自行車品牌組合簽署獨家租賃購買合作協議,包括Huffy
GlobeNewswire ·  12/04 21:00

FlexShopper Expands Retailer Partnerships with PayPossible

flexshopper擴展了與PayPossible的零售合作伙伴關係

BOCA RATON, Fla., Dec. 04, 2024 (GLOBE NEWSWIRE) -- FlexShopper Inc. (Nasdaq: FPAY), a leading national lease-to-own (LTO) retailer and payment solutions provider, is excited to announce an exclusive strategic partnership with United Wheels Inc., a global holding company for a portfolio of outdoor brands, including Huffy, Niner Bikes, Batch Bicycles, VAAST Bikes, and Buzz E-Bikes. This partnership is made possible through FlexShopper's growing relationship with PayPossible, a premier financing waterfall platform, which efficiently integrates FlexShopper's financing options across United Wheels' family of websites.

佛羅里達州博卡拉頓,2024年12月04日(全球新聞)—— flexshopper Inc.(納斯達克:FPAY),一家領先的全國性租賃擁有(LTO)零售商和支付解決方案提供商,欣然宣佈與United Wheels Inc.達成獨家戰略合作伙伴關係,United Wheels Inc.是一家全球控股公司,旗下擁有Huffy、Niner Bikes、Batch Bicycles、VAASt Bikes和Buzz E-Bikes等一系列戶外品牌。此次合作得益於flexshopper與PayPossible日益增長的關係,PayPossible是一家頂級融資瀑布平台,它高效地將flexshopper的融資選項整合到United Wheels的各個網站中。

Through competitive benchmarking, FlexShopper believes that offering lease-to-own options significantly increases sales for retailers focused on durable goods. In fact, FlexShopper has observed an increase of more than 10% in the balance of sale when LTO options are provided to its partners. This track record is a key driver for FlexShopper's ongoing expansion of partnerships with prominent online and brick-and-mortar retailers that want to expand sales with credit underserved consumers.

通過競爭基準分析,flexshopper認爲,提供租賃擁有(期權)選項將顯著提高專注於耐用商品的零售商的銷量。事實上,flexshopper觀察到,當向其合作伙伴提供LTO選項時,銷售額的增加超過10%。這一業績是flexshopper持續擴展與希望通過信用不足的消費者增加銷售的知名在線和實體零售商合作伙伴關係的關鍵驅動因素。

United Wheels is a global leader in the outdoor industry, shipping over 5 million bicycles annually to more than 50 countries, generating approximately $1 billion in revenue each year. The company's portfolio includes brands known for innovation, quality, and style, offering bicycles for every member of the family.

United Wheels是戶外行業的全球領導者,每年向50多個國家運輸超過500萬自行車,年營業收入約爲10億美元。公司的產品組合包括以創新、質量和風格聞名的品牌,提供適合家庭每個成員的自行車。

  • Huffy, a household name in bicycles, has been synonymous with cycling fun since 1892.
  • Batch Bicycles offers affordable, easy-to-assemble bikes for casual riders.
  • Buzz E-Bikes provides mid-range electric bikes designed for comfort and ease.
  • VAAST Bikes features cutting-edge SUPER MAGNESIUM technology for exceptional durability and performance.
  • Niner Bikes revolutionized the mountain bike segment with its innovative designs, particularly focusing on 29-inch wheels.
  • Huffy,自行車行業的家喻戶曉的名字,自1892年以來一直是騎行樂趣的代名詞。
  • Batch Bicycles 提供價格合理、易於組裝的自行車,適合休閒騎行者。
  • Buzz E-Bikes 提供中檔電動自行車,專爲舒適和便捷而設計。
  • VAASt Bikes 採用尖端的超級鎂科技,提供卓越的耐用性和性能。
  • Niner Bikes 通過其創新設計,特別關注29英寸輪子,從而徹底變革了山地自行車領域。

By integrating FlexShopper's LTO financing options across United Wheels' e-commerce sites, the partnership is expected to drive higher online sales while providing consumers with seamless access to flexible financing. In addition, FlexShopper's addition of the entire United Wheels product range to its LTO marketplace will offer even more choices for FlexShopper's growing customer base.

通過在 United Wheels 的電子商務網站中整合 flexshopper 的 LTO 融資選項,預計該合作將推動更高的在線銷售,同時爲消費者提供無縫接入靈活融資的機會。此外,flexshopper 將 United Wheels 的全系列產品添加至其 LTO 市場,將爲 flexshopper 不斷增長的客戶群體提供更多選擇。

"FlexShopper is thrilled to partner with PayPossible to enhance financing solutions across a broader retail network," said Russ Heiser, CEO of FlexShopper. "The launch of our LTO services with United Wheels represents a major milestone in our mission to provide affordable payment options to customers nationwide. This expansion highlights our commitment to growing FlexShopper's presence with both brick-and-mortar and online retailers and emphasizes the value we bring to consumers."

「FlexShopper 很高興與 PayPossible 合作,在更廣泛的零售網絡中增強融資解決方案,」FlexShopper 的首席執行官 Russ Heiser 說。「我們與 United Wheels 一起推出 LTO 服務,標誌着我們爲全國客戶提供實惠支付選項的使命中的重要里程碑。這次擴展強調了我們致力於擴大 FlexShopper 在實體店和在線零售商中的影響力,並強調了我們爲消費者帶來的價值。」

Heiser continued, "By adding United Wheels' inventory to our direct-to-consumer LTO marketplace at FlexShopper.com, we are giving our consumers even more options. This partnership exemplifies the power of the FlexShopper ecosystem, where accessible financing drives significant growth for manufacturers, while bringing their products to an even wider audience through FlexShopper's platform."

海澤繼續說道:"通過將United Wheels的庫存添加到我們直接面向消費者的LTO市場FlexShopper.com,我們爲我們的消費提供了更多的選擇。這個合作典範展示了flexshopper生態系統的力量,在這裏,便捷的融資爲製造商帶來了顯著的增長,同時通過flexshopper的平台將他們的產品帶給更廣泛的受衆。"

About PayPossible:
PayPossible is a leading financing waterfall provider, enabling businesses to offer consumers a variety of financing and flexible payment options through a single application at the point of sale. PayPossible's technology connects consumers with the best financing offers for their unique credit profiles, optimizing the customer experience and boosting merchant sales.

關於PayPossible:
PayPossible是一家領先的融資流水線提供商,使企業能夠通過銷售點的單一申請爲消費者提供多種融資和靈活支付選擇。PayPossible的科技將消費者與其獨特信用檔案的最佳融資優惠連接起來,優化了客戶體驗並提升了商家的銷售。

About FlexShopper, Inc.:
FlexShopper Inc. (Nasdaq: FPAY) is a financial technology company specializing in lease-to-own (LTO) and lending solutions for underserved consumers across the U.S. FlexShopper provides flexible payment options through its direct marketplace at FlexShopper.com and partners with retailers across online and physical store locations.

關於FlexShopper, Inc.:
FlexShopper Inc.(納斯達克:FPAY)是一家金融科技公司,專注於爲美國的弱勢消費群體提供租賃購置(LTO)和貸款解決方案。FlexShopper通過其在FlexShopper.com的直接市場提供靈活的支付選項,並與在線和實體店的零售商合作。

Company Contact:
FlexShopper, Inc.
Investor Relations
ir@flexshopper.com

公司聯繫方式:
flexshopper公司
投資者關係
ir@flexshopper.com

Investor and Media Contact
Andrew Berger
Managing Director
SM Berger & Company, Inc.
Tel (216) 464-6400
andrew@smberger.com

投資者和媒體聯繫人
Andrew Berger
常務董事
Sm Berger&Company,inc。
電話(216)464-6400
andrew@smberger.com

Source: FlexShopper, Inc.

來源:flexshopper公司。


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