LM Funding America Inc
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Financials : Diversified Financial Services | Small Cap Blend
Company profile

LM Funding America, Inc. is a specialty finance company. The Company provides funding to nonprofit community associations primarily located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. It offers incorporated nonprofit community associations (Associations), a range of financial products customized to each Association's financial needs. Its products include Original Product and New Neighbor Guaranty. Its Original Product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. The Company offers the New Neighbor Guaranty, wherein an Association assigns its indebtedness and accruals on its delinquent units to it in exchange for payments in an amount equal to the regular ongoing monthly or quarterly assessments for delinquent units when those amounts would be due to the Association.

Premarket

Last Trade
Delayed
$0.65
0.0364 (5.93%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$0.6136
Day's Change
0.00 (0.00%)
Bid close
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Ask close
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
221,225

10-day average volume:
900,191
221,225

Shopify inks deal with Affirm, a buy-now-pay-later financing service for credit-card users

10:48 am ET July 22, 2020 (MarketWatch)
Print

Shopify Inc. (SHOP.T) on Wednesday said it has selected Affirm, a buy-now-pay-later (BNPL) financing service for credit-card users, to exclusively power Shop Pay Installments when it launches later this year. Terms were not disclosed. Affirm, founded by PayPal Holdings Inc. (PYPL) co-founder Max Levchin, has seen a 40% increase in merchant signings from March 1 to April 30, compared to the first two months of the year. Among the 6,000 merchants who use it are Walmart Inc. (WMT) and Peloton Interactive Inc. (PTON). "This is one giant leap to make our service ubiquitous," Levchin told MarketWatch in a phone interview Wednesday. "This has changed the game. The BNPL market is on a tear."

-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 22, 2020 10:48 ET (14:48 GMT)

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