Rent-A-Center

Molly Langenstein

Plano’s Upbound Group Adds Retail Industry Stalwart to Its Board

by | Apr 12, 2024

Molly Langenstein has been appointed as an independent director to the board of directors of Plano-based Upbound Group Inc., a provider of technology-driven, flexible leasing solutions for consumers through its operating brands that include Rent-A-Center and Acima.

According to Upbound Group CEO Mitch Fadel, Langenstein’s “extensive leadership delivering omni-channel solutions to consumers” and her senior executive and prior board experience will be a valuable addition to the company’s board....

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50 Days/50 Drops: Plano-Based Rent‑A‑Center Unveils New-to-Its-Line-Up Luxury Brands
by | Jul 24, 2023

Rent-A-Center Inc., the Plano-based rent-to-own company, is introducing an innovative strategy as part of its 50th-anniversary celebration. A 50-day campaign called “50 Days, 50 Drops,” aims to expand its brand by offering luxury products for rent from brands never-before-seen at RAC....

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Plano-Based Rent-A-Center Rebrands Its Corporate Entity as Upbound Group
by | Feb 23, 2023
The company's new corporate Upbound name reflects both its growth—the 2020 acquisition of Acima lease-to-own solutions nearly doubled its business—and its mission. "Upbound can help elevate our customers, providing them with greater access and a path towards financial flexibility," says CEO Mitch Fadel. The name change will impact the company's stock ticker, but not its retail-facing businesses: Rent-A-Center and Acima will continue to operate under their existing names.
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Rent-A-Center’s FinTech Arm Acima Releases Digital Platform
by | Aug 4, 2021

Acima, the virtual lease-to-own (LTO) fintech arm of Plano-based Rent-A-Center, has released a “game changing” digital platform to help remove transaction barriers between underserved customers and retailers....

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Vice President chief Caris Jacobs

DI People: Jacobs, Caris Life Sciences, Infogroup, and One Network Enterprises Make Leadership Moves

by | Feb 11, 2020
In this weekly roundup of leadership and executive moves by companies and organizations in North Texas, you’ll also find news from AspireHR, Rent-A-Center, Jones|Carter, and Kane Russell Coleman Logan.
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funding
Follow the Money: Rent-A-Center Nabs $19M Investment, Playful Studios Receives $23M; ReadyRosie Acquired
by | Sep 5, 2019
In this weekly roundup of funding, merger, and acquisition activity involving companies in North Texas, you’ll also find news from ACIS, TPG, HM Capital, and Fleco Industries.
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Follow the Money: Belluscura Raises $2.7M, Systum Gets $10.7M; Diodes Plans $428M Acquisition
by | Aug 15, 2019
You’ll also find news about deals totaling at least $202 million, including Systum, Green Brick Partners, TPG, Curbio, The Pursuant Group, Sabre, Rent-A-Center, and ECi Software Solutions in this roundup of funding, mergers, and acquisitions involving companies with interests in North Texas.
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funding acquisition
Follow the Money: OncoNano Series A Funding Reaches $35.4M; ECi Acquires UK Software Reseller
by | Jul 18, 2019
You’ll find news about more than $6.4B in deals. Trive Capital, Cresco Capital Partners, Prologis, WatchGuard, Rent-A-Center, Comstock Resources, Covey Park Energy, Interstate Restoration, and Temperature Control Systems also are included in this roundup of funding, merger, and acquisition activity in North Texas.
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