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Flexiti Places 13th on The Globe and Mail’s Third-annual Ranking of Canada’s Top Growing Companies
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Flexiti Financial Inc. has been ranked 13th on Canada’s Top Growing Companies list for 2021, marking a three-year revenue growth of 3,181%. This recognition is attributed to Flexiti’s successful omni-channel financing solutions, including the FlexitiCard®, which offers quick approval and flexible payment options. The company has expanded its operations, notably by partnering with one of Canada's largest retailers and entering the Quebec market. This is Flexiti's third consecutive year on the list, reflecting consistent growth and resilience in a challenging business environment.
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Ranked 13th on Canada's Top Growing Companies list with 3,181% revenue growth.
Successful partnership with one of Canada's largest retailers.
Expansion into the Quebec market, enhancing market presence.
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TORONTO--(BUSINESS WIRE)--
Flexiti Financial Inc. (“Flexiti”), a leading provider of buy now, pay later point-of-sale consumer financing solutions for retailers, is pleased to announce it placed 13th on the 2021 Report on Business ranking of Canada’s Top Growing Companies.
Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Flexiti earned its spot with three-year growth of 3,181%.
Through Flexiti’s omni-channel solution, customers can apply for a FlexitiCard® in-store or online, the paperless application takes minutes to complete and upon approval, the FlexitiCard® can immediately be used to make purchases. This fully automated and 100% paperless process offers qualified customers a revolving credit line and flexible payment plans with 0% interest financing1 options, eliminating the need to reapply for financing for future purchases.
“We are extremely honoured to be ranked among Canada’s Top Growing Companies for the third year in a row,” said Peter Kalen, Founder and CEO of Flexiti. “Despite a year of immense change and uncertainty, our success is in part attributed to signing one of Canada’s largest retailers as well as our continued expansion into the Quebec market. These achievements only further exemplify the resilience and dedication of our employees to remaining one of Canada’s leading providers of buy now, pay later payment solutions and I want to offer a sincere and heartfelt thank you to each one of our employees who has helped us accomplish and maintain this success. We are excited about our future growth opportunities, and I am excited to see where the next year takes us!”
Launched in 2019, the Canada’s Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. It is a voluntary program; companies had to complete an in-depth application process in order to qualify. In total, 448 companies earned a spot on this year’s ranking.
The full list of 2021 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online.
“As we look toward the future, Canada’s Top Growing Companies offer both inspiration and practical insights for other firms facing similar challenges,” says James Cowan, Editor of Report on Business magazine. “The entrepreneurs behind these companies are smart, tenacious and unwavering in their commitment to their goals.”
“Any business leader seeking inspiration should look no further than the 448 businesses on this year’s Report on Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers.”
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 award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.4 million readers every week in print or digital formats, and Report on Business magazine reaches 2 million readers in print and digital every issue. The Globe and Mail’s 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
Founded in 2013 by Peter Kalen, Flexiti is one of Canada's fastest-growing point-of-sale fintech lenders, offering customers 0% interest financing at retailers that sell big-ticket goods like furniture, appliances, jewellery and electronics. Through its award-winning omni-channel platform, customers can be approved instantly to shop with their FlexitiCard®, which they can use online or in-store to make multiple purchases, within their credit limit, without needing to reapply. Accepted at over 7,000 locations and ecommerce sites across Canada including The Brick, Leon's, Staples, Sleep Country, Wayfair, Birks and Peoples Jewellers, Flexiti aims to make our customers' lives more affordable and help our retail partners grow their sales by offering flexible financing options.
Flexiti's growth, driven by its financing platform, is recognized as market leading. In 2019, Flexiti was named Canada's 11th fastest growing company by the Globe and Mail, ranked 7th in the Deloitte Technology Fast 50TM program, and 40th in Deloitte North America Technology Fast 500TM. In 2020, Flexiti ranked 29th in The Americas' 500 Fastest Growing Companies by the Financial Times, 6th in The Globe and Mail’s Canada’s Top Growing Companies, 3rd on the 2020 Growth List and 6th and 39th on Deloitte Technology Fast 50TM and Fast 500TM, respectively. Flexiti is a wholly-owned subsidiary of CURO Group Holdings Corp. (NYSE: CURO).
