FlexiGroup is a diversified financial services group providing “no interest ever”, leasing, vendor finance programs, interest free and visa cards, mobile broadband, lay-by and other payment solutions to consumers and businesses.
Through its network of 11,000 merchant, vendor and retail partners the Group has extensive access to four key markets, Business to Consumer, Business to Business, Retail to Consumers (and small business customers) and online.
Performance has been characterised by solid profitable growth as the company has expanded and diversified its business through organic growth, acquisition and product innovation. This diversification strategy has been extended to the large, high growth online market with the 2012 acquisition of Paymate (an online payment processing business) and to the credit card and $5b interest free market with the acquisition of Lombard.
FlexiGroup operates in Australia, New Zealand and Ireland within a diverse range industries including: home improvement, solar energy, fitness, IT, electrical appliance, navigation systems, trade equipment and point of sale systems. Services are offered through four business units: Certegy (no interest ever & lay-by), Flexirent (lease), FlexiCommercial (vendor leasing programs) and Lombard (credit card and interest free).
FlexiGroup’s key business areas:-
Certegy – Interest Free (No interest ever and take home lay-by plan ) and cheque guarantee services offered through diverse merchants. Key Partners: Modern Group, Midas, Michael Hill Jewellers and Freedom furniture.
Flexirent – Leases & Loans (consumer and commercial), includes valuable services such as Protect and Loaner. Products offered via Computer, Electrical and other retailers. Key Partners: Harvey Norman, The Good Guys, Bing Lee, Noel Leeming, Apple Resellers, Flight Centre.
Blink – Mobile Broadband products and plans available from major national retail chains and many independent outlets. Launched in 2009 and operating on the latest Optus dual band network Blink is a natural inclusion when Flexirenting a notebook.
Paymate - Sellers can receive online and mobile credit card payments without an expensive merchant facility issued by a bank, a secure website or gateway processor service. Paymate is recommended as a safer payment method by eBay and is fully integrated in the eBay.com.au checkout.
FlexiCommercial – Lease (typically commercial and larger sized transactions). Offered via Vendor Programs and direct to Medium and large businesses. Key Partners: M2, Kodak, Fuji Xerox, Low Carbon Australia, Comscentre.
Lombard Finance – Credit Card and Interest Free finance. Key Partners: IKEA, Fantastic Furniture and Beaurepaires.