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.

This move is a departure from RAC’s traditional offerings.

The pioneering company is known for its tech-driven and flexible leasing solutions for household goods and electronics....

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.
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....

DallasCIO Names 37 Finalists for 2021 CIO of the Year ‘ORBIE’ Awards
by | Nov 6, 2020
Dallas CIO of the Year finalists were tapped for excellence in technology leadership in seven categories: corporate, public sector, healthcare, enterprise, large enterprise, global, and super global. A virtual event will be held on February 26.

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.
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.
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.
Follow the Money: CoinFlip Gets Seed Funding, Goff Seeks $350M for Fund; Match Buys 51% of Hinge
by | Jun 21, 2018
From a points and benefits platform, to real estate funds, and rent-to-own company, here's a look at recent funding and acquisitions involving companies and firms with North Texas ties.