Fairstone Bank and Best Buy Canada Renew Exclusive Retail Financing Partnership

M&A · Partnership
โดย Cision·CA·Read original
Summary · why it matters

Fairstone Bank of Canada and Best Buy Canada Ltd. have renewed their exclusive point-of-sale financing partnership. The collaboration, which began in 2020, allows Best Buy customers to access in-store and online financing through a digital application that provides approval or prequalification in under two minutes. Best Buy is one of more than 2,100 merchant partners that use Fairstone Bank's retail financing programs. The renewal was announced by Emilie Boulay, Senior Vice President, Chief Card Services Officer at Fairstone Bank, and Bryan Kooistra, Chief Financial Officer of Best Buy Canada.

Impact on stocks 1

Consumer Discretionary▲ · 1 stocks
Best Buy Co. Inc
BBY
▲ PositiveDemandrelevance

Renewal of exclusive financing partnership with Fairstone Bank supports Best Buy Canada's sales through financing options.

Off-coverage companies 1

Fairstone Bank of CanadaPrivate▲ Positive
Demandrelevance

Renewal of exclusive partnership with Best Buy Canada strengthens Fairstone Bank's retail financing business.

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