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Total new customer application volume in January 2025 increased 130% year-over-year, driving the highest level of January originations, with total originations up 44% year-over-year
Monthly growth trends accelerated in January 2025, compared to December 2024
Indicators of profitability for January 2025 are encouraging with 105% increase in FlexShopper.com gross margin dollars, a 34% year-over-year reduction in marketplace marketing cost per new customer, and stable asset quality
BOCA RATON, Fla., Feb. 10, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced another strong operating month for January 2025. Positive momentum reflects the successful transformation underway as a result of FlexShopper's direct-to-consumer (DTC) and business-to-business (B2B) growth strategies.
Posted In: FPAY
