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Flexiti to be acquired by CURO, forging a strategic partnership, strengthening Flexiti as a leading Canadian buy-now-pay-later solution provider Canada NewsWire Combination with CURO secures the capital required by Flexiti to target rapid growth in loan originations wi...
CURO Group Holdings (CURO) acquires Flexiti Financial Inc., an emerging growth Canadian POS/BNPL provider for $85M, including contingent consideration of up to $36M based on the achievement of risk-adjusted revenue and origination targets over the next two years. The acquisition of ...
Cash at close of $85 million; earn-out of $36 million – Flexiti, founded in 2013, is a leading provider of point-of-sale (“POS”) consumer financing solutions in Canada with the market-leading omni-channel FinTech platform – Provides CURO...
CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a market leader in providing short-term credit to non-prime consumers, announced today that its fourth quarter 2020 financial results will be released after the market closes on Thursday, February 4, 2021. CURO will host...
Economic recovery and government stimulus will likely drive net revenues this year. CURO’s exposure to sub-prime consumers is the main source of risk. The company is sensitive to the pandemic and the government’s stimulus. The current stock price is higher than the y...
Shares of CURO Group Holdings (NYSE: CURO) are down 13% as of 12:50 p.m. EST on Monday. But holders of the stock probably aren't complaining after the stock soared almost 90% in Friday's session. CURO is a provider of short-term loans to non-prime, underbanked consumers, and own...
Gainers: Silvergate Capital (SI) +16%. Stable Road Acquisition (SRAC) +16%. Marathon Patent Group (MARA) +16%. C3.ai (AI) +15%. Root (ROOT) +15%.Losers: FG Financial Group (FGF) -23%. CURO Group Holdings (CURO) -13%. CB Financial Services (CBFV) -8%. Fathom Holdings (FTHM) -8%. HF E...
Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks snapped their three-day advance with small losses Friday in volatile quadruple witching trading, as progress stalled on a COVID financ...
Gainers: [[VERO]] +23.3%. [[RMED]] +8.5%. [[BK]] +5.7%. [[C]] +5.7%. [[COF]] +4.9%.Losers: [[FGF]] -19%. [[TKAT]] -10.5%. [[FGEN]] -10.2%. [[SCPS]] -7.1%. [[CURO]] -3.6%. For further details see: C, BK, FGEN and CURO among after-hours movers
Gainers: CURO Group Holdings (CURO) +76%. Upstart Holdings (UPST) +24%. C3.ai (AI) +16%. Harbor Custom Development (HCDI) +12%. Sculptor Capital Management (SCU) +12%.Losers: X Financial (XYF) -7%. Apollo Investment (AINV) -7%. Diginex (EQOS) -7%. Landcadia Holdings II (LCA) -6%. Phoenix Tree...
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RSA Supported by More Than 74% of each of 1L Lenders, 1.5L Noteholders and 2L Noteholders Filed Voluntary Chapter 11 Petitions to Implement Financial Restructuring Plan Restructuring Plan Expected to Reduce Debt by ~$1 billion, Saving ~$75 million in Cash Interest Annually and Ena...
CURO Group Holdings Corp. (OTC: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the United States and Canada, today announced that it has received notice on behalf of certain holders of the Company’s 7.500% Senior 1...
CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the United States and Canada, today announced that it entered into forbearance agreements (the “Forbearance Agreements”) with t...