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Flexiti Named as One of Canada’s Top Growing Companies by The Globe and Mail
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This marks the fourth year in a row that the company has made the list based on revenue growth
TORONTO--(BUSINESS WIRE)--
Flexiti Financial Inc. (“Flexiti”), a leading point-of-sale consumer financing solution for retailers, is pleased to announce that for the fourth year in a row the company has been listed on the Report on Business ranking of Canada’s Top Growing Companies. Flexiti ranked 321st out of the 430 companies on the list.
The 2022 Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth.
Flexiti’s award-winning platform provides customers and merchants with fast and easy-to-use point-of-sale service that can instantly approve shoppers in-store and online for 0% interest1 financing on purchases within their credit limit (and without needing to reapply).
“We are extremely proud to be ranked among Canada’s Top Growing Companies for the fourth year in a row,” says Peter Kalen, founder and CEO of Flexiti. “While this year has presented its fair share of economic challenges, we continue to grow reaching $2 billion in lifetime originations and doubling our number of full-time employees to over 400 people across the company. These achievements demonstrate the resilience of our remarkable team who are dedicated to delivering innovative payment solutions and a best-in-class experience for our retailers and cardholders,” says Kalen.
“A heartfelt thank you goes to our team for their tenacity and vision,” adds Kalen. “We are excited to continue building on this success and growing our Flexiti Network to provide the flexible solutions retailers need to grow their business in this economic environment.”
Canada’s Top Growing Companies is an editorial ranking that was launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary program; companies had to complete an in-depth application process and meet revenue requirements.
The full list of 2022 winners along with editorial coverage is published in the October issue of Report on Business magazine. The list is out now and online here.
“Canada's Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada," says Dawn Calleja, Editor of Report on Business magazine. “The next generation of Canadian businesses can draw inspiration from this ranking.”
“In an uncertain world, the success stories of the companies marked in this year’s Report on Business magazine’s list of Top Growing Companies are a beacon of optimism,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “The Globe and Mail congratulates them on their achievements.”
1 O.A.C. Terms and conditions apply.
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.3 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
About Flexiti
Flexiti provides flexible financing to help customers make important purchases. Available at a network of over 8,000 top-tier retail locations and e-commerce sites, including The Brick, Wayfair.ca, Sleep Country, Staples and Birks, Flexiti’s award-winning sales financing platform provides customers and merchants alike with seamless point-of-sale service. Flexiti users can be instantly approved in-store and online to receive 0% interest financing on purchases within their credit limit without needing to reapply. Helping Canadians secure over $2B in flexible financing, Flexiti is one of Canada’s fastest growing sales financing providers. In 2022, Flexiti was named one of Canada’s Top Growing Companies for the fourth consecutive year. In 2021, Flexiti ranked 10th on Deloitte’s Canada’s ‘Technology Fast 50™,’ 54th on Deloitte’s North American ‘Technology Fast 500™,’ and ranked 13th on The Globe and Mail’s ‘2021 Canada’s Top Growing Companies.’ Flexiti is a wholly-owned subsidiary of CURO Group Holdings Corp. (NYSE: CURO). For more information on Flexiti's service offering and growing Flexiti Network™, visit www.flexiti.com.
