U.S. markets close in 28 minutes
  • S&P 500

    4,378.37
    +51.86 (+1.20%)
     
  • Dow 30

    34,382.34
    +221.56 (+0.65%)
     
  • Nasdaq

    13,563.49
    +210.71 (+1.58%)
     
  • Russell 2000

    1,932.48
    +1.19 (+0.06%)
     
  • Crude Oil

    87.01
    +0.40 (+0.46%)
     
  • Gold

    1,789.30
    -5.70 (-0.32%)
     
  • Silver

    22.39
    -0.29 (-1.26%)
     
  • EUR/USD

    1.1146
    -0.0001 (-0.01%)
     
  • 10-Yr Bond

    1.7820
    -0.0250 (-1.38%)
     
  • GBP/USD

    1.3386
    +0.0005 (+0.03%)
     
  • USD/JPY

    115.1900
    -0.1120 (-0.10%)
     
  • BTC-USD

    37,283.40
    +1,192.69 (+3.30%)
     
  • CMC Crypto 200

    847.55
    +5.10 (+0.60%)
     
  • FTSE 100

    7,466.07
    -88.24 (-1.17%)
     
  • Nikkei 225

    26,717.34
    +547.04 (+2.09%)
     

Locally-based pawn store operator inks $1.7B acquisition, expands retail finance services

·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • FCFS

Locally-based pawn store operator FirstCash will acquire a lease-to-own company for $1.17 billion in a move that expands the public company’s reach across retail finance. FirstCash Inc. (NASDAQ: FCFS) has entered a definitive agreement to acquire American First Finance, a virtual platform that focuses on underserved, non-prime customers by providing services for lease to own, retail installment sales and bank loans. The addition also shoots FirstCash into the point-of-sale payments market.