Flexshopper, Inc. (FPAY) Provides Business Update for January 2025

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FlexShopper Provides Business Update for January 2025

February 10, 2025 8:00 AM EST

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... More