Acima Analysis: $125M Raised
What is Acima?
Acima specializes in lease-to-own solutions that allow customers to acquire goods without requiring perfect credit. Their approach focuses on flexibility and accessibility, enabling a broader range of consumers to shop for essential items. This model transforms the purchasing experience by providing options for those who may not qualify for traditional credit.
Employees
501-1000
Founded
2013
Industry
FinTech, Payments
Product Features & Capabilities
- Lease-to-own furniture and electronics
- Flexible payment options for consumers
- Mobile app for shopping and payments
- Partnerships with major retailers
- Credit options for various financing needs
Use Cases
Acquire furniture and appliances without upfront payment; Lease electronics with flexible payment terms; Shop at major retailers using lease agreements; Access financing options for essential goods; Use mobile app for convenient shopping
How much Acima raised
Debt Financing - $125 million
May 2, 2018Lead Investor: Comvest Credit Partners, Aries Capital Partners