FirstCash
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Formerly | Cash America International, Inc. |
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Type | Public company |
Nasdaq: FCFS | |
Industry | Retail |
Founded | 1984 |
Headquarters | Fort Worth, Texas, U.S. |
Area served | United States, Mexico, Guatemala, El Salvador |
Services | pawnbroker and payday loan services |
Website | firstcash |
FirstCash Holdings is an American company focused on operating of pawn stores in the U.S. and Latin America and offering credit services such as secured and unsecured loans, payday loans, rent-to-own, among other services. Incorporated in Delaware but headquartered in Fort Worth, Texas, the company's stock is traded on Nasdaq. In September 2016, Nasdaq-listed Cash America merged with NYSE-listed FirstCash[1] and in 2018 FirstCash moved its stock to Nasdaq. In December 2021, the company acquired American First Finance.[2]
Operations
In addition to operating pawn shops, the company also provides check-cashing services and short-term unsecured loans (commonly referred to as "payday loans") both through its pawn shops as well as in self-standing facilities.
History
In 2010, it acquired Maxit Financial.[3]
On September 1, 2016 First Cash International completed a merger with Cash America for $994 million to form a new merged company. The new company allows each store to retain its branding and joint operations are run from the Cash America corporate location. FirstCash is now traded on the NYSE under the ticker FCFS.[4]
References
- ^ "FirstCash Announces Successful Completion of Merger of Equals Combining First Cash Financial Services, Inc. and Cash America International, Inc" (Press release). GlobeNewswire. September 2, 2016.
- ^ "FirstCash Completes Acquisition of American First Finance" (Press release). GlobeNewswire. December 17, 2021.
- ^ "Cash America completes pawn shop acquisition". The Associated Press. October 6, 2010. Archived from the original on 2016-03-10.
- ^ "FirstCash Announces Successful Completion of Merger of Equals Combining First Cash Financial Services, Inc. and Cash America International, Inc". GlobeNewswire. September 2, 2016.
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- American companies established in 1984
- Financial services companies established in 1984
- Retail companies established in 1984
- Companies formerly listed on the New York Stock Exchange
- Companies listed on the Nasdaq
- Pawn shops
- Companies based in Fort Worth, Texas
- Retail companies of the United States