On August 3, 2023, CURO Group Holdings Corp. announced the sale of its Canadian point-of-sale business, Flexiti, to Questrade Financial Group Inc. for approximately C$55 million. The transaction, expected to close in the third quarter of 2023, is contingent upon customary closing conditions and regulatory approvals. This sale aligns with CURO's strategy to concentrate on its Direct Lending business in the U.S. and Canada.

CURO's CEO, Doug Clark, expressed satisfaction with the deal, noting it as a strategic move to enhance value for CURO while positioning Flexiti for future success under Questrade's partnership. The Flexiti team was acknowledged for their contributions to CURO, with best wishes for their continued success.

Solomon Partners Securities, LLC and legal firms King & Spalding LLP and Norton Rose Fulbright Canada LLP advised CURO. BMO Capital Markets and Bennett Jones LLP advised Questrade, highlighting the transaction's importance in the financial and legal sectors. Further details about the transaction are available on CURO’s Investor Relations website.